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I am trying to understand the following sentence from a legal document. Can anyone explain me what 'commutation' means?

Immovable property presently sold is free and clear of all seigniorial dues having commuted and the price of commutation has been paid.

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Commute definition 4: "to pay (an annuity) at one time, esp. with a discount".

In other words, the taxpayer has made an agreement to pay one large instalment, and in return be free of all seigniorial dues in the future. Such agreements are not uncommon; many modern travellers commute their daily fares into one large annual fee, and are called commuters.

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