Also "Jubilee". The 50th year at the end of the seventh seven year shemita cycle.

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Is the Yovel every 49 or 50 years?

When is Yovel? Is it in the 49th year of the shmita cycle, or the 50th? And if it is in the 50th, when is the next shmita, in the 56th or 57th year? What is the practice in modern day Israel?