Land Trust
/ˈlænd trʌst/
Definitions
- (n.) A legal arrangement in which a trustee holds real estate on behalf of a beneficiary, often to manage or conserve property interests.
The land trust helped preserve the farmland from development.
Forms
- land trust
- land trusts
Related terms
See also
Commentary
Land trusts are commonly used for conservation purposes, requiring clear drafting of trustee powers and beneficiary rights to ensure proper management of land interests.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.