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There have been various degrees of absolutely and constitutional monarchies throughout history. One famous example is the limits imposed by the Magna Carta, which only benefited nobles.
There has often been a distinction between royal property and the personal property of the royal family or members of the royal family.
For instance, many of the palaces of the British royal family are national property and Parliament has a say in their use and must provide a budget for their upkeep. The total family privately owns a significant percentage of the rented agricultural land in England, and vast amounts of residential rentals in London.