The way individuals or groups own any land is important. Therefore, the ownership structure of the land share is among the issues that the buyers should pay attention to in any purchase.
What is Land Share Ownership?
Ownership structure of the land share, which is the land ownership system in which the ownership of a piece of land is divided between more than one person or group; It differs from traditional property ownership, where ownership of a piece of land is owned by a single person.
There are some varieties;
• Individual land ownership: The individual owns the land on which he lives and uses it for his own purposes.
• Family land ownership: Families usually; owns a piece of land that they use jointly for farm or other purposes.
• Group land ownership: Groups of people, such as farmers or communities, collectively own and manage a piece of land.
It allows for more democratic control over land resources and encourages shared use of land.
How Does the Land Sharing System Work?
The land-sharing system is a way for communities to share natural resources. It works by dividing the land into small, equal parts. Each community can then use the land for its own purposes.
Land sharing is a way of dividing land so that everyone has an equal share. The idea here is; is that each person receives a certain amount of land, no matter how small. That way everyone has a say and can be part of the decision-making process.
What are the Benefits of Land Share Ownership Structure?
The ownership structure benefits of land share cannot be ignored, whether it is increased security and stability over the long term or access to land and resources for the individual shareholder.
• It can promote the conservation of resources.
• Develops land management skills.
• It can reduce transaction costs related to land ownership.
• It can create an incentive for land owners to cooperate and work together to solve common problems.
Land share value calculation; It is made by looking at the purchase and sale values ​​of each independent section according to the market conditions. At the same time, the land share; With the establishment of the condominium, it is calculated as a rate.
All these transactions are done correctly, the necessary procedures for you to get the right share in the land share; You can do it with Scygyo Real Estate company, which has been serving as an expert in the sector for years.
With expert real estate consultants, you can make the right choices for the land that you want and meet your expectations and get your land share correctly.