Explain the concept Market for Land

The key characteristic of siegneurialism as a system of land ownership is that land is a commodity -- it can be bought, sold and rented. Indeed, during the era of the Renaissance, there was an active market for land, especially in southern Europe (along the Mediterranean) and in northeastern Europe (near the Atlantic), as peasants, urban merchants and lords all sought to increase the amount of land they held.

In Western Europe, in the period of the Renaissance:

Peasants owned approximately 40% of the land.

Lords, including kings, directly owned roughly 20% of the land, which they generally "rented" to peasants to farm, usually in return for a portion of the crops grown on the land.

 The Catholic Church owned about 10% of the land, controlled by higher-ranking members of the clergy, who rented it out to peasants.

 The remaining 30% or so of the land belonged to merchants living in cities.