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Did the king or the Hospitallers take over the Templars' money and debts?

Research question: What happened to Templar deposits, debts, and property held in trust after the order's suppression, and did the Crown or the Hospitallers take over these financial obligations?

The records show that Pope Clement V decreed via the bull Ad providam that the properties of the Templars were to be transferred to the Order of the Hospitallers of Saint John of Jerusalem 8. In Portugal, King Denis transferred Templar members and property to the newly created Order of Christ rather than the Hospitallers 2. The Hospitallers complained in the 1320s that they were being withheld annual payments from sheriffs and towns, suggesting they had assumed certain financial obligations or rights previously held by the Templars 5. However, the provided text says nothing about deposits, debts, or the specific financial obligations involved in the transfer 1.

Checked 2026-10-15. Only documented and supported facts are used.
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Sources

[1] supported
The document's title indicates that former Templar property was transferred to the Hospitallers between 1312 and 1338, but the text provided says nothing about deposits, debts, or the financial obligations involved.
"The Transfer of Former Templar Property to the Hospitallers, 1312–38"
The Transfer of Former Templar Property to the Hospitallers, 1312–38 (2020)
[2] supported
After the suppression, King Denis transferred Templar members and property in Portugal to the Order of Christ, which was created specifically for that purpose, rather than the Templars being persecuted as elsewhere in Europe.
"its members and property in Portugal being instead transferred by King Denis to the Order of Christ"
Knights Templar in Portugal
[3] supported
The Pope ruled in favour of transferring Templar property to the Hospitallers, but King Denis objected, partly because a foreign Hospitaller command could be disadvantageous and border fortifications concentrated in Hospitaller hands could be a strategic risk for Portugal.
"Faced with united opposition in Iberia, the Pope instead ruled in favour of transferring Templar property to the Hospitallers but King Denis objected to this as well"
Knights Templar in Portugal
[4] supported
King Denis granted the new Order all castles, properties and goods belonging to the Templars, and Gil Martins was appointed its first grandmaster.
"Denis then granted the Order "all castles, properties and goods" belonging to the Templars while Gil Martins was appointed as its first grandmaster."
Knights Templar in Portugal
[5] documented
The Hospitallers complained in the 1320s that they were being withheld annual payments from sheriffs and towns that were due to them, suggesting they had assumed certain financial obligations or rights previously held by the Templars.
"everyyearfromeverysheriffinEngland,andamarkfromeverycity,townorcastle paying the king £100 or more annually, which in the 1320s the Hospitallers com- plained was being withheld from them."
The Knights Templar in English towns (2022)
[6] supported
The jurisdictional privileges and rights held by the Templars within towns, such as control over entry, exit, and property transfer, could outlive the Order's suppression.
"These jurisdictional privileges could outlive the Order."
The Knights Templar in English towns (2022)
[7] documented
The suppression of the Order by the papacy occurred in 1312, following the arrests of its brethren.
"thesuppressionoftheOrderbythepapacyin1312,followingthearrests of its br"
The Knights Templar in English towns (2022)
[8] supported
Pope Clement V decreed via the bull Ad providam vicarii Christi that the properties of the Templars were to be transferred to the Order of the Hospitallers of Saint John of Jerusalem.
"Felipe luchó por quedarse con los bienes de la Orden, sin embargo Clemente V por medio de la bula Ad providam vicarii Christi del 2 de mayo de 1312, decretó que las propiedades de los templarios pasaran a la Orden de los Hospitalarios de San Juan de Jerusalén ."
Vox in excelso
[9] supported
The bull Vox in excelso suppressed the Templar Order, and the subsequent bull Ad providam granted its property to the Hospital Order.
"The bull Vox in excelso of 22 March 1312 suppressed the Order, and [[Ad providam]] of 2 May granted its property to the other great military order, the Hospital."
Vox in excelso
[10] supported
On April 3, 1312, Pope Clement V ordered the transfer of all Templar assets to the Order of Knights of St. John and other military orders via the bulls Ad providam and Considerantes.
"El 3 de abril de 1312, en la segunda sesión del Concilio, Clemente V anunció la transferencia de todos los bienes de la Orden del Temple a la de los caballeros de San Juan y órdenes militares, a través de las bulas Ad providam y Considerantes."
Concilio de Vienne
[11] supported
The Templars had become the main bankers and lenders to European monarchies, especially the French, after relocating to Europe following the fall of Acre in 1291.
"Cuando en 1291 cae San Juan de Acre , el último bastión cristiano en Tierra Santa, los templarios se trasladan a Europa y se convierten en los principales banqueros y prestamistas de las monarquías europeas, especialmente de la francesa, en cuyo territorio se localizaban sus mayores posesiones."
Concilio de Vienne
[12] supported
When the Templar Order was suppressed in 1312, the Castillo de la Magione complex passed to the Hospitallers (Knights of Malta).
"Cuando la orden fue suprimida en 1312, pasó a los hospitalarios , que lo mantuvieron hasta 1752."
Castillo de la Magione
[13] supported
The Hospitallers held the property until 1752, after which the hospital was granted in usufruct to various owners, including the Corsini family.
"Más tarde, el hospital fue dado en usufructo a diferentes propietarios, incluidos los Corsini."
Castillo de la Magione
[14] supported
In 1866, the Corsini family sold the church and other buildings while retaining the usufruct.
"En 1866 la familia Corsini vendió la iglesia y otros edificios, conservando el usufructo."
Castillo de la Magione