The act of cession is the assignment of property to another entity. In international law it commonly refers to land transferred by treaty. Ballentine's Law Dictionary defines cession as "a surrender; a giving up; a relinquishment of jurisdiction by a board in favor of another agency."[1] In contrast with annexation, where property is forcibly seized, cession is voluntary or at least apparently so.
This is a yielding up, or release.[2]France ceded Louisiana to the United States by the treaty of Paris, of April 30, 1803. Spain made a cession of East and West Florida by the treaty of February 22, 1819. Cessions have been severally made of a part of their territory by New York, Virginia, Massachusetts, Connecticut, South Carolina, North Carolina, and Georgia.
Under the civil law system, cession is the equivalent of assignment, and therefore, is an act by which a personal claim is transferred from the assignor (the cedent) to the assignee (the cessionary). Whereas real rights are transferred by delivery, personal rights are transferred by cession. Once the obligation of the debtor is transferred, the cessionary is entirely substituted. The original creditor (cedent) loses his right to claim and the new creditor (cessionary) gains that right.
When an ecclesiastic is created bishop, or when a parsonorrector takes another benefice without dispensation, the first benefice becomes void by a legal cession, or surrender.
Look up retrocession in Wiktionary, the free dictionary.
Retrocession is the return of something (e.g., land or territory) that was ceded in general or, specifically:
Examples:
District of Columbia retrocession, the retrocession to Virginia, and potentially to Maryland, of the land ceded to create the District of Columbia
Retrocession of Louisiana (New Spain) from Spain to France, formally accomplished just three weeks before the U.S. received the Louisiana Purchase lands from France
Ininsurance, retrocessional arrangements generally are governed by a reinsurance or retrocessional agreement and the principles applicable to reinsurance also are applicable to retrocessional cover.
