An example of a corporeal hereditament is land held in freehold, of incorporeal hereditaments, tithes, advowsons, pensions, annuities, rents, franchises, &c.

Trustees empowered to invest money on the security of freehold or copyhold hereditaments, may invest upon freehold ground rents reserved out of house property.

A franchise is an incorporeal hereditament, and arises either from royal grants or from prescription which presupposes a grant.