nach oben

Erschienen in:

2018 | OriginalPaper | Buchkapitel

11. The Other Fundamental Problem of Exchange: Mortgages, Defaults and Debtor Protection in Sixteenth-Century Holland

verfasst von : Jaco Zuijderduijn

Erschienen in: Land and Credit

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

Mortgages, defaults and foreclosures of real estate have often been linked to the decline of peasant smallholding, and the rise of commercial farms run by townsmen and operated by landless labourers. However, little is known of how mortgage law was applied in practice. This chapter presents a case study, focusing on villagers who lost real estate during the process of expropriation for debt. It finds that there were large differences between the legal rights creditors held to pursue their debtors and their ability to enforce these rights. This was due to two characteristics of mortgage contracts: first, judges in local law courts had to authorize foreclosure, and as a result the execution of mortgage law was at their discretion. Second, judges looking to apply leniency were helped by the fact that mortgage contracts usually contained both a special and general mortgage. This allowed judges to allow only seizure of movables, thus preventing large-scale expropriation of real estate. As a result, the number of foreclosures of real estate was rather modest and expropriation was mainly applied in exceptional circumstances, such as debtors fleeing their creditors.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Proactive Peasants? The Role of Annuities in a Late Medieval Communal Society: The Campine Area, Low Countries

Nächstes Kapitel Afterword: Mortgages as Mediation Between Kin and Capital

de Blécourt, A.S. (ed.), 1937. Bewijsstukken behorende bij het kort begrip van het oud- vaderlandsch burgerlijk recht, 2nd edn. (Groningen: Wolters).

Helms Van Eis, L. (ed.), 1982–1985. ‘Register en protocol van eijgen- ende rentebrieve van moerkerken, ingaende anno XVc XXXII ende eindigende metten jare 1552’, Ons Voorgeslacht: maandblad van de vereniging ter bevordering van het stamboomonderzoek voor Rotterdam en omstreken, vol. 37 (1982), pp. 97–132 and vol. 40 (1985), pp. 143–155.

Helms Van Eis, L. (ed.), n.d.1. ‘Kohier 10e penning van Mijnsheerenland 1557’, www.hogenda.nl.

Helms Van Eis, L. (ed.), n.d.2. ‘Heinenoord. Prothocol van eijgen brieven en renten beginnende in den jare dertich (1535–1579)’, www.hogenda.nl.

Helms Van Eis, L. (ed.), n.d.3. ‘Het register van Moerkercken resp. Mijnsheerenland (1532–1552), Oud-Rechterlijk Archief van Mijnsheerenland, inv. nr. 1’, www.hogenda.nl.

Helms Van Eis, L. (ed.), n.d.4. ‘Het register van Moerkercken resp. Mijnsheerenland (1553–1567), Oud-Rechterlijk Archief van Mijnsheerenland, inv. nr. 2’, www.hogenda.nl.

Helms Van Eis, L. (ed.), n.d.5. ‘Register van Moerkercken - Oud-Rechterlijk Archief van Mijnsheerenland, inv. nr. 21’, www.hogenda.nl.

Helms Van Eis, L. (ed.), n.d.6. ‘Register van Moerkercken - Oud-Rechterlijk Archief van Mijnsheerenland, inv. nr. 22’, www.hogenda.nl.

Allen, R.C., 1992. Enclosure and the Yeoman. The Agricultural Development of the South Midlands 1450–1850 (Oxford: Oxford University Press).

Aymard, M., 1983. ‘Review of G. Corazzol, Fitti e livelli a grano. Un aspetto del credito rurale nel Veneto del ‘500’, Annales. Économies, Sociétés, Civilisations, vol. 38, pp. 1147–1149.

Bart, J., 1962. ‘La vente à réméré en Mâconnais (1450–1560 env.)’, Mémoires de la Société pour l’Histoire du Droit et des Institutions des anciens pays bourguignons, comtois et romands, vol. 23 (1962), pp. 137–161.

Been, V., S. Chan, I. Gould Ellen, and J.R. Madar, 2011. ‘Decoding the foreclosure crisis: Causes, responses, and consequences’, Journal of Policy Analysis and Management, vol. 30, pp. 388–396.

Boudjaaba, F., 2008. Des paysans attachés à la terre? Familles, marchés et patrimoines dans la région de Vernon (1750–1830) (Paris: Presses de l’université Paris-Sorbonne).

Brand, H., 1996. Over macht en overwicht. Stedelijke elites in Leiden (1420–1510) (Louvain and Apeldoorn: Garant).

Casper, M., 2005. Der Optionsvertrag (Tübingen: Mohr Siebeck).

Clark, G., 1988. ‘The cost of capital and medieval agricultural technique’, Explorations in Economic History, vol. 25, pp. 265–294.

de Blécourt, A.S., and H.F.W.D. Fischer, 1950. Kort begrip van het oud-vaderlands burgerlijk recht, 6th edn. (Groningen: J.B. Wolters).

de Soto, H., 2000. The Mystery of Capital. Why Capitalism Triumphs in the West and Fails Everywhere Else (London: Black Swan).

de Vries, J., 1974. The Dutch Rural Economy in the Golden Age, 1500–1700 (New Haven: Yale University Press).

de Vries, J., and A. Van der Woude, 1998. The First Modern Economy. Success, Failure, and Perseverance of the Dutch Economy, 1500–1815 (Cambridge: Cambridge University Press).

Ferraro, J.M., 1993. Family and Public Life in Brescia, 1580–1650: The Foundations of Power in the Venetian State (Cambridge: Cambridge University Press).

Fockema Andreae, S.J., 1915. Het richtsnoer van den rechter in vroeger dagen (Amsterdam: Müller).

Fruin, R. (ed.), 1866. Informacie op den staet, faculteyt ende gelegenheyt van de steden ende dorpen van Hollant ende Vrieslant… (Leiden: Sijthoff).

Gilomen, H.-J., 1998. ‘L’endettement paysan et la question du crédit dans les pays d’Empire au Moyen Âge’, in M. Berthe (ed.), Endettement paysan et credit rural dans L’Europe medievale et moderne (Toulouse: Presses Universitaires du Mirail), pp. 99–137.

Goebel, R.J., 1961. ‘Reconstructing the Roman Law of real security’, Tulane Law Review, vol. 36, pp. 29–66.

Greif, A., 2000. ‘The fundamental problem of exchange: A research agenda in historical institutional analysis’, European Review of Economic History, vol. 4, pp. 251–284.

Hamaker, H.G. (ed.), 1873. De middeneeuwsche keurboeken van de stad Leiden (Leiden: Van Doesburgh).

Herman, A., 1914. Het karakter van ons hypotheekrecht historisch beschouwd (n.p.).

Hoppenbrouwers, P.C.M., 2001. ‘Town and country in Holland, 1300–1550’, in S.R. Epstein (ed.), Town and Country in Europe, 1300–1800 (Cambridge: Cambridge University Press), pp. 54–79.

Hugenholtz, W., 1937. Over reële executie (Leiden: Brill).

Krznaric, R., 2001. ‘Mortgaged democracy’, in P. Barry Clarke and J. Foweraker (eds.), Encyclopedia of Democratic Thought (Abingdon: Routledge), pp. 449–452.

Le Bras, G., 1963. ‘Conceptions of economy and society’, in M.M. Postan, E.E. Rich and E.Miller (eds.), The Cambridge Economic History of Europe, vol. III (Cambridge: Cambridge University Press), pp. 554–575.

Léonard, E., 2008. ‘Marché foncier, asymétries de pouvoir et exclusion. Incidences régionales des réformes libérales mexicaines à la fin du XIXe siècle’, Économie rurale, vol. 303–305, pp. 136–153.

Maifreda, G., 2002. Rappresentanze rurali e proprietà contadina: il caso veronese tra Sei e Settecento (Milan: FrancoAngeli).

Mao Zedong, 1995. ‘Report from Xunwu’, in S.R. Schram (ed.), Mao’s Road to Power: Revolutionary Writings 1912–1949, 8 vols. (New York and London: Routledge), iii, pp. 296–418.

Nobel, A., 2012. Besturen op het Hollandse platteland. Cromstrijen 1550–1780 (Zutphen: Walburg Pers).

Noonan, J.T., 1957. The Scholastic Analysis of Usury (Cambridge, MA: Harvard University Press).

North, D.C., 1990. Institutions, Institutional Change, and Economic Performance (Cambridge: Cambridge University Press).

Pols, M.S. (ed.), 1885–1888. Westfriese stadsrechten, 2 vols. (The Hague: Nijhoff).

Racer, J.W., 1866. Aanmerkingen omtrent de grondbeginselen der zes eerste titels van het landregt van Overijssel (Deventer: J. de Lange).

Schnapper, B., 1957. Les rentes au XVIe siècle. Histoire ďun instrument de crédit (Paris: S.E.V.P.E.N).

Tresling, J.D., 1937. Rondom de Binnenmaas (Rotterdam: Stemerding).

Urbanik, J., 2013. ‘Tapia’s banquet hall and Eulogio’s cell: Transfer of ownership as a security in some late Byzantine papyri’, in P.J. du Plessis (ed.), New Frontiers: Law and Society in the Roman World (Edinburgh: Edinburgh Uinversity Press), pp. 151–176.

Van Bavel, B.J.P., 2009. ‘Rural development and landownership in Holland, c.1400–1650’, in O. Gelderblom (ed.), The Political Economy of the Dutch Republic (Aldershot: Ashgate), pp. 167–196.

Van Bochove, C., H. Deneweth, and J. Zuijderduijn, 2015. ‘Real estate and mortgage finance in England and the Low Countries, 1300–1800’, C&C, vol. 30, pp. 9–38.

Van de Water, J., 1729. Groot placaatboek, 2 (Utrecht: Jacob van Poolsum).

Van der Linden, J. (ed.), 1796. Groot placaet-boek, 9 (Amsterdam: Joannes Allart).

Van der Woude, A.M., 1972. Het Noorderkwartier. Een regionaal historisch onderzoek in de demografische en economische geschiedenis van westelijk Nederland van de late middeleeuwen tot het begin van de negentiende eeuw (Wageningen: Afdeling Agrarische Geschiedenis, Landbouwhogeschool).

Van Hasselt, J.J., 1779. Aantekeningen op de gereformeerde land-rechten ende gewoonten van het Ryk van Nymegen, 2 (Nijmegen: Isaac van Kampen).

Van Kan, F.J.W., 1988. Sleutels tot de macht. De ontwikkeling van het Leids patriciaat tot 1420 (Hilversum: Verloren).

Van Wassenaer, G., 1729. Practyk judicieel, 1 (Utrecht: Jacob van Poolsum).

Van Zanden, J.L., J. Zuijderduijn, and T. De Moor, 2012. ‘Small is beautiful: The efficiency of credit markets in late medieval Holland’, European Review of Economic History, vol. 16, pp. 3–22.

Von Reden, S., 2000. Money in Classical Antiquity (Cambridge: Cambridge University Press).

Whittle, J., 1998. ‘Individualism and the family-land bond: A reassessment of land transfer patterns among the English peasantry c.1270–1580’, P&P, vol. 160, pp. 25–63.

Zuijderduijn, C.J., 2009. Medieval Capital Markets: Markets for Renten, State Formation and Private Investment in Holland (1300–1550) (Leiden and Boston: Brill).

Zuijderduijn, J., and T. de Moor, 2013. ‘Spending, saving, or investing? Risk management in sixteenth-century Dutch households’, EcHR, vol. 66, pp. 38–56.

Zuijderduijn, J., 2014. ‘On the home court advantage. Participation of locals and non-residents in a village law court in sixteenth-century Holland’, C&C, vol. 29 (2014), pp. 19–48.

Titel: The Other Fundamental Problem of Exchange: Mortgages, Defaults and Debtor Protection in Sixteenth-Century Holland
verfasst von: Jaco Zuijderduijn
Verlag: Springer International Publishing
Buch: Land and Credit
Print ISBN: 978-3-319-66208-4

Electronic ISBN: 978-3-319-66209-1

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-3-319-66209-1_11