Certificate of occupancy (land tenure)

In several countries, a certificate of occupancy is a legal document that gives the holder certain rights to land. These can be a part of land reform processes. In Tanzania, for example, they are equivalent to 33-year leases and grant the holder the ability to mortgage the property.[1] In Nigeria, all land is vested in the government under the Land Use Act of 1978, and certificates of occupancy are equivalent to 99-year leases entitling the holder to occupy the land.[2] Mechanisms similar to certificates of occupancy include temporary occupancy permits (Botswana), certificates of land use (Thailand), and preemptive certificates (Thailand).[3]

References
  1. Consensus, Confusion, and Controversy: Selected Land Reform Issues in Sub-Saharan Africa. World Bank Publications. 2006. p. 12. ISBN 978-0-8213-6441-3.
  2. "FACTSHEET: Who owns the land in Nigeria?". Africa Check. Retrieved 2020-04-23.
  3. Farvacque, Catherine; McAuslan, Patrick (1992). Reforming Urban Land Policies and Institutions in Developing Countries. World Bank Publications. p. 100. ISBN 978-0-8213-2092-1.

See also
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.