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What is a seisin?

What is a seisin? Here are some definitions.

Noun
  1. (law, common law, historical) An entitlement to a freehold estate with a right to immediate possession; dates from feudal times but is still used in technical discussions of real property law today.
  2. (obsolete) The act of taking possession.
  3. (obsolete) The thing possessed; property.
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Examples
Had they completed the purchase of the option, those rights would have been extinguished by unity of seisin.
So she jogged along very comfortably, until she had made up her mind, and given Cradock the kiss of seisin.
There were six men who expected rewards, but the wherewithal was held in seisin by other six.
The executor's seisin was in relation to the same subject-matter as the legatees' but took priority over theirs.
The covenant for seisin was an assurance to the grantee that the grantor had the estate which he purported to convey.
Since the earliest times, title to land has been based on a form of possession, technically called seisin.

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