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The Jubilee (Hebrew: יובל yōḇel; Yiddish: yoyvl) is the year that follows the passage of seven "weeks of years" (seven cycles of sabbatical years, or 49 total years). This fiftieth year[1] deals largely with land, property, and property rights. According to regulations found in the Book of Leviticus, certain indentured servants would be released from servitude,[2] some debts would be forgiven,[3] and everyone was supposed to return to their own property in jubilee years.[4]
Rabbinic literature mentions a dispute between the Sages and Rabbi Yehuda over whether it was the 49th year (the last year of seven sabbatical cycles, referred to as the Sabbath's Sabbath), or whether it was the following (50th) year.[5]
The biblical rules concerning sabbatical years are still observed by many religious Jews in Israel, but the practices prescribed for the Jubilee year have not been observed for many centuries. According to current interpretation of Torah in contemporary Rabbinic Judaism, the observance of the Jubilee year only applied when the Jewish people were living in the Land of Israel according to their tribes. Therefore, in one sense Jubilee has not been applicable since the destruction of the Kingdom of Israel in 722 BCE by Neo-Assyrian king Sargon II.[6]
In modern Israel, the Jubilee rules concerning land redistribution have been rendered functionally obsolete by secular Israeli land law. The vast majority of land in Israel is owned by the Israel Land Authority (until 2009, the Israel Land Administration), an agency of the Ministry of Construction and Housing, and the private non-profit Jewish National Fund.[citation needed]