Well, why not a simple text change to "You are currently an adventurer in <realm>, hailing from the region of <region>"
It should take all of three seconds to type, and a couple minutes to see that it works correctly.
Except that the "owned" part, inaccurate as it may be, is there for a reason: to remind all adventurers that they are commoners, and thus expected to do what their Lord says, without question.
Perhaps something more like "owing fealty to the Lord of West Splodge" would be a good compromise?
