In Scotland, a "baron" or "baroness" holds a barony within the Baronage of Scotland, recognised as titled nobility. The holder of a barony having the status of a minor baron. Scottish baronies are heritable titles of honour, originally created by Crown charter from the medieval period onward. They are distinct from the Peerage of Scotland; a Scottish baron is noble but not a peer, and the Scottish equivalent of an English baron is the higher title of Lord of Parliament. Scottish baronies differ from British peerage and baronetage titles in that they may be succeeded by alienation, not solely by inheritance. Unlike these titles, they are not governed by strict succession rules and have remainders to "heirs and assignees", as stated in Crown charters. These titles are also excluded from the Honours Act 1925, since they are not newly created honours but existing dignities recognised in law.