AN ACT in relation to permanent leasehold estates.

SECTION I. Be it enacted by the Senate and House of Representatives of the State of Delaware,* That permanent leasehold estates, renewable forever, now held, or which may hereafter be acquired, shall be taken and considered to be and to be subject to estates in fee simple, and shall be subject to the same modes all the of alienation, power of devise, and rules of descent and distribution, and generally to all the incidents of an estate in fee, provided, that the grantor of the leasehold, or the person or persons entitled to the estate, out of which the said term issues, shall have first released to the grantee of the term, or the person in possession of the leasehold, all his, her or their right to the rent charged upon or growing out of the same.

Passed at Dover, February 26, 1875.