landownership
Landownership refers to the legal right to possess, use, and manage a specific piece of land. This can include residential properties, agricultural fields, or commercial spaces. Owners can make decisions about how to use their land, such as building structures or growing crops, within the limits of local laws and regulations.
In many countries, landownership is tied to property rights, which protect the owner's interests. These rights can be transferred through buying or selling, and they often come with responsibilities, such as paying taxes and maintaining the property. Understanding landownership is essential for individuals and businesses involved in real estate and development.