Real propertyIn English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixed to the land, including crops, buildings, machinery, wells, dams, ponds, mines, canals, roads, and other things. The term is historic, arising from the now-discontinued form of action, which distinguished between real property disputes and personal property disputes.
Radziwiłł familyThe House of Radziwiłł (raˈd͡ʑiviww; Radvila; Радзівіл, Radzivił; Radziwill) is a powerful magnate family originating from the Grand Duchy of Lithuania and later also prominent in the Crown of the Kingdom of Poland. The family was founded by Radvila Astikas, but over time it split into many branches, such as the Biržai-Dubingiai and Goniądz-Meteliai lines. However, most of the branches became extinct by the 18th century, with only the Nesvizh-Kleck-Ołyka line surviving to this day.
Mortgage lawA mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law jurisdictions, albeit with a wider sense, as it also covers non-possessory lien. A mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed.
Polish–Lithuanian CommonwealthThe Polish–Lithuanian Commonwealth, formally known as the Kingdom of Poland and the Grand Duchy of Lithuania, or simply Poland–Lithuania, was a bi-confederal state, sometimes called a federation, of Poland and Lithuania ruled by a common monarch in real union, who was both King of Poland and Grand Duke of Lithuania. It was one of the largest and most populous countries of 16th- to 17th-century Europe. At its largest territorial extent, in the early 17th century, the Commonwealth covered almost and as of 1618 sustained a multi-ethnic population of almost 12 million.
NobilityNobility is a social class found in many societies that have an aristocracy. It is normally ranked immediately below royalty. Nobility has often been an estate of the realm with many exclusive functions and characteristics. The characteristics associated with nobility may constitute substantial advantages over or relative to non-nobles or simply formal functions (e.g., precedence), and vary by country and by era. Membership in the nobility, including rights and responsibilities, is typically hereditary and patrilineal.
Land tenureIn 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 individuals. It determines who can use land, for how long and under what conditions. Tenure may be based both on official laws and policies, and on informal local customs (insofar higher law does allow that).
Allodial titleAllodial title constitutes ownership of real property (land, buildings, and fixtures) that is independent of any superior landlord. Allodial title is related to the concept of land held "in allodium", or land ownership by occupancy and defense of the land. Most property ownership in common law jurisdictions is fee simple. In the United States, the land is subject to eminent domain by federal, state and local government, and subject to the imposition of taxes by state and/or local governments, and there is thus no true allodial land.
AllodIn the law of the Middle Ages and early Modern Period, especially within the Holy Roman Empire, an allod (Old Low Franconian allōd ‘fully owned estate’, from all ‘full, entire’ and ōd ‘estate’, Medieval Latin allodium), also allodial land or allodium, is an estate in land over which the allodial landowner (allodiary) had full ownership and right of alienation. Historically holders of allods are a type of sovereign. Allodial land is described as territory or a state where the holder asserted right to the land by the grace of god and the sun.
Mortgage loanA mortgage loan or simply mortgage (ˈmɔɹɡɪdʒ), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination.
PrimogeniturePrimogeniture (,praɪmə'dʒɛnɪtʃər,_-oʊ-) is the right, by law or custom, of the firstborn legitimate child to inherit the parent's entire or main estate in preference to shared inheritance among all or some children, any illegitimate child or any collateral relative. In most contexts, it means the inheritance of the firstborn son (agnatic primogeniture); it can also mean by the firstborn daughter (matrilineal primogeniture), or firstborn child (absolute primogeniture).
