

Landed property

Landed property Definition

Landed property or landed estates is a real estate term that usually refers to a property that generates income for the owner without himself having to do the actual work at the estate. It was a hallmark of feudalism, and freed the owner for other tasks, such as government administration, military service, or religious practices. A landed property typically consisted of a manor, several tenant farms, and some privileged enterprises such as a mill.

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