Ultimate Guide To Land Tenure System

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Ultimate Guide To Land Tenure System

The land tenure system refers to the way in which a private individual holds the land from the host government. It also shows and outlines the relationships between the state and the landholders. The general absolute ownership of the land rests with the state, and the host government gives proprietary rights to communities or individuals. This can be defined in a different way depending on the country’s approach to land ownership. It is then wise as a mining company or investor to understand all the land tensure system and the legal regime in which the land is owned or any other rights imposed on the land you intend to conduct your mining processes. The guide will explain some basic land tensure systems that you should know to invest in any given country.

Feudal Tenure

Historically in the old feudalism system, the owners/lords who received direct ownership from the government were called the tenants. They doled out or sub-divided portions of their land to some tenants in exchange for labor or other services. The process of granting all subordinate tenancies was called subinfeudation, and this is where the new owner got the right to conduct his/her activities. If you are a mining investor or a mining company is looking for a land to perform prospecting, exploration, and other mining practices, you need to acquire these rights. Other mining and investment rights play a role in the whole system, and if you are to gain control of the land, it is wise to understand its systems.

Benefits of Land Tenure System

The whole platform allows people to own lard, and as a mining company, you can find a way to compensate different people separately, making your prospecting rights faster and easier. Like any other permit, you will be required to compensate for any displacement you will make, and when it comes to prospecting and other rights, the land you will use need a full copy of who owns the land and method of compensations.

This is crucial when it comes to investment and other practices that will be conducted on the same land. Paying for the land and other expenses allows you to own the land for the agreed period as a mining investor. Though this might vary from one state to another, you will require these systems to invest and have direct control. It all depends on how you agree with the owners, which plays a role in your investment period.

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