in 2000. The same year, the Scottish Land Fund was created and in 2001 began allocating its £10 million budget of national lottery funding to assist rural communities to purchase land. Abolition of Feudal Tenure The first piece of land reform legislation in the 21st century, the Abolition of Feudal Tenure etc. (Scotland) Act 2000 was passed by the Scottish Parliament on 3 May 2000 and received royal assent on 9 June the same year. The act formed the core of a three part reform of Scottish property law, alongside the Title Conditions (Scotland) Act 2003 and Tenements (Scotland) Act 2004. The main provisions of the act included the abolition of feudal superiorities and tenure, to be replaced by a system of outright ownership in which those who had been vassals became outright owners. This necessitated the extinction of superiors’ rights to collect feu duties, for which they were entitled to compensation in the form of a single payment of a size that, when invested at an annual rate of 2.5%, would yield interest equal to the former feu duty. However, as Scotland's remaining feu duties had been fixed many years previously, inflation meant that by the time of the act's passing their value was, in most cases, effectively nominal. The act also extinguished superiors’ rights to enforce real burdens, conditions on the holding of land, retaining only those conditions enforceable by neighbouring land owners or by certain legal bodies on public policy grounds. The legal basis of real burdens and title conditions was then reformulated in the Title Conditions (Scotland) Act 2003. The end of feudal tenure simplified titles to land, while the subsequent Title Conditions (Scotland) Act 2003 modernised the types of interests and conditions that can be attached to those titles. Finally, common law surrounding tenements was then reformed in light of these changes under the Tenements (Scotland) Act 2004, completing the abolition of Scotland's feudal property system. The 2003 Acts 2003 saw two important pieces of legislation make their way through the Scottish parliament; the Land Reform (Scotland) Act and the Agricultural Holdings (Scotland) Act. The Land Reform (Scotland) Act has three parts, with provisions regarding three areas of land rights in Scotland; the creation of a legal framework for land access, the community right to buy and crofting community right to buy. The first part formalises the tradition in Scotland of unhindered access to open