land tenure

land tenure definition - business

land tenure

The rights and duties associated with real property. Land tenure may (or may not) include the right to transfer property, the right to exclude others from using property, and the right to derive income from property. It may also include the duty to protect property from harm. Also called tenure in land.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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