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real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more genera ...
, a landed property or landed estate is a
property Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, r ...
that generates
income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. Fo ...
for the owner (typically a member of the
gentry Gentry (from Old French ''genterie'', from ''gentil'', "high-born, noble") are "well-born, genteel and well-bred people" of high social class, especially in the past. Word similar to gentle imple and decentfamilies ''Gentry'', in its widest c ...
) without the owner having to do the actual work of the estate. In medieval Western Europe, there were two competing systems of landed property; manoralism, inherited from the
Roman villa A Roman villa was typically a farmhouse or country house built in the Roman Republic and the Roman Empire, sometimes reaching extravagant proportions. Typology and distribution Pliny the Elder (23–79 AD) distinguished two kinds of villas n ...
system, where a large estate is owned by the
Lord of the Manor Lord of the Manor is a title that, in Anglo-Saxon England, referred to the landholder of a rural estate. The lord enjoyed manorial rights (the rights to establish and occupy a residence, known as the manor house and demesne) as well as seig ...
and leased to tenants; and the
family farm A family farm is generally understood to be a farm owned and/or operated by a family; it is sometimes considered to be an estate passed down by inheritance. Although a recurring conceptual and archetypal distinction is that of a family farm ...
or '' Hof'' owned by and heritable within a
commoner A commoner, also known as the ''common man'', ''commoners'', the ''common people'' or the ''masses'', was in earlier use an ordinary person in a community or nation who did not have any significant social status, especially a member of neither ...
family (c.f.
yeoman Yeoman is a noun originally referring either to one who owns and cultivates land or to the middle ranks of servants in an English royal or noble household. The term was first documented in mid-14th-century England. The 14th century also witn ...
), inherited from
Germanic law Germanic law is a scholarly term used to described a series of commonalities between the various law codes (the ''Leges Barbarorum'', 'laws of the barbarians', also called Leges) of the early Germanic peoples. These were compared with statements ...
. A
gentleman farmer In the United Kingdom, the United States, and Canada, a gentleman farmer is a landowner who has a farm (gentleman's farm) as part of his estate and who farms mainly for pleasure rather than for profit or sustenance. The Collins English Diction ...
is the largely historic term for a country gentleman who has a farm as part of his estate and farms mainly for pleasure rather than for profit. His acreage may vary from under ten to hundreds of acres. The gentleman farmer employed labourers and farm managers. However, according to the 1839 ''Encyclopedia of Agriculture'', he "did not associate with these minor working brethren". The chief source of income for the gentleman farmer was derived not from any income that his landed property may generate; he had either access to his own
private income Private income is either: * any type of income received by a private individual or household, often derived from occupational activities, or * income of an individual that is not in the form of a salary, wage, or commission (e.g. income from inves ...
, he worked as a professional and/or he owned a large business elsewhere. Or all three. Modern landed property often consists of housing or industrial land, generating income in the form of rents or fees for services provided by the facilities on the land, such as port facilities. Owners often commission an
estate map Estate maps were maps commissioned by individual landowners or institutions, to show their extensive landed property, typically including fields, parkland and buildings. They were used for display and estate management and were fashionable from ...
to help manage their estate as well as serving as a status symbol.A Sarah Bendall, ''Maps, Land and Society: A History, with a Carto-bibliography, of Cambridgeshire Estate Maps, 1600–1836 '' (Cambridge University Press, 1992) Landed property was a key element of
feudalism Feudalism, also known as the feudal system, was the combination of the legal, economic, military, cultural and political customs that flourished in medieval Europe between the 9th and 15th centuries. Broadly defined, it was a way of structu ...
, and freed the owner for other tasks, such as
government A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government i ...
administration,
military A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...
service, the practice of law, or
religious Religion is usually defined as a social- cultural system of designated behaviors and practices, morals, beliefs, worldviews, texts, sanctified places, prophecies, ethics, or organizations, that generally relates humanity to supernatur ...
practices. In later times, the dominant role of landed estates as a basis of public service faded. Development of
manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
and
commerce Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, natio ...
created
capitalist Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private ...
means of obtaining income, but ordinarily demanding the attention of the owner. At roughly the same time, governments began imposing taxes to fund government bureaus and the military, so that people of talent could perform government services for salaries without need for the proceeds of ownership of farmland. Much of the
United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...
, typically
New England New England is a region comprising six states in the Northeastern United States: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. It is bordered by the state of New York to the west and by the Canadian provinces ...
,
Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
, and most states west of the original colonies, never had a landed
aristocracy Aristocracy (, ) is a form of government that places strength in the hands of a small, privileged ruling class, the aristocrats. The term derives from the el, αριστοκρατία (), meaning 'rule of the best'. At the time of the word' ...
, so their armed forces and government agencies could never be organized on the basis of a
landed aristocracy Landed may refer to: * ''Landed'' (album), a 1975 album by Can * "Landed", a song by Ben Folds from ''Songs for Silverman'' * "Landed", a song by Drake from '' Dark Lane Demo Tapes'' * Landed gentry, a largely historical privileged British social ...
.


See also

*
Absentee landlord In economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local economic region. The term "absentee ownership" was popularised by economist Thorstein Veblen's 1923 book ...
*
Absentee business owner An absentee business owner is one who does not personally manage the business but owns it or does not live in the community in which the business operates. Studies show that money spent locally circulates back into the community three times as much ...
*
Feudalism Feudalism, also known as the feudal system, was the combination of the legal, economic, military, cultural and political customs that flourished in medieval Europe between the 9th and 15th centuries. Broadly defined, it was a way of structu ...
*
Gentleman farmer In the United Kingdom, the United States, and Canada, a gentleman farmer is a landowner who has a farm (gentleman's farm) as part of his estate and who farms mainly for pleasure rather than for profit or sustenance. The Collins English Diction ...
*
Gentry Gentry (from Old French ''genterie'', from ''gentil'', "high-born, noble") are "well-born, genteel and well-bred people" of high social class, especially in the past. Word similar to gentle imple and decentfamilies ''Gentry'', in its widest c ...
*
Georgism Georgism, also called in modern times Geoism, and known historically as the single tax movement, is an economic ideology holding that, although people should own the value they produce themselves, the economic rent derived from land—includi ...
*
Landed gentry The landed gentry, or the ''gentry'', is a largely historical British social class of landowners who could live entirely from rental income, or at least had a country estate. While distinct from, and socially below, the British peerage, t ...
*
Land tenure In common law systems, land tenure, from the French verb "tenir" means "to hold", is the legal regime in which land owned by an individual is possessed by someone else who is said to "hold" the land, based on an agreement between both individual ...
*
Manorialism Manorialism, also known as the manor system or manorial system, was the method of land ownership (or " tenure") in parts of Europe, notably France and later England, during the Middle Ages. Its defining features included a large, sometimes for ...
*
Old money Old money is "the inherited wealth of established upper-class families (i.e. gentry, patriciate)" or "a person, family, or lineage possessing inherited wealth". The term typically describes a social class of the rich who have been able t ...


Notes

{{reflist Land tenure Gentry