Land Tenure by Rent and its characteristics
In this system, the farmer rents the land for use over a short period of time during which certain amount of money is paid as rent by its use. At the end of the period, the agreement ma he reviewed, if the landlord so desires.
Advantages of Land Tenure by Rent and its characteristics
(i) It makes use of available land r agricultural purposes.
(ii) The land is efficiently used and maintained for maximum production within the short period.
Disadvantages or Problems of Land Tenure by Rent and its characteristics
(i) The land cannot be used for securing loan.
(ii) It affects long term planning.
(iii) There is limitation in the development of such land.
Land Tenure by Purchase or Free hold Features
In this type of land tenure, a farmer buys a piece of land for agricultural purpose. He pays certain amount of money to the landlord and the land becomes his personal property.
It gives the owner compete freedom on the land. He may sell the land, leave it fallow, farm on the land or rent it out. The owner can use the land as collateral for agricultural loan.
Advantages of Land Tenure by Purchase
The farmer can use the land to secure loan from bank
Perennial crops can be grown
Proper planning in the development of such land can be done
Disadvantages or Problems of Land Tenure by Purchase
The land may be too expensive to purchase
The actual owner may be difficult to establish
The farmer may not have sufficient money to buy the exact size of the land he needs