Laudemium
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
or LAUDATIOREM (Lat. a laudando domino). A fiftieth part of the purchase money, or (if no Bale) of the value of the estate • paid to the landlord {dominus) by a new emphyteuta on his succession to the estate, not as heir, but as singular successor. Voet. Com. ad Pand. lib.
6, tit. 3, §§ 26-35: Mackeld. Civ, Law, 297.
In Old English Law, The tenant paid a laudemium or acknowledgment money to new landlord on the death of the old. See Blount, "Acknowledgment Money."