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Making property productive: reorganizing rights to real and equitable estates in Britain, 1660-1830

DAN BOGART and GARY RICHARDSON
European Review of Economic History
Vol. 13, No. 1 (APRIL 2009), pp. 3-30
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/41378508
Page Count: 28
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Making property productive: reorganizing rights to real and equitable estates in Britain, 1660-1830
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Abstract

Between 1660 and 1830, Parliament passed thousands of Acts restructuring rights to real and equitable estates. These estate Acts enabled individuals and families to sell, mortgage, lease, exchange and improve land previously bound by inheritance rules and other legal legacies. The loosening of these legal constraints facilitated the reallocation of land and resources towards higher-value uses. Data reveal correlations between estate Acts, urbanization and economic development during the decades surrounding the Industrial Revolution.

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