Land ownership is a major concern in every jurisdiction. After all, land creates productivity and economic activity. The land tenure system applies in places that follow common law. In this legal framework, the land is owned by whoever holds it. The system dictates who can use the land for a certain length of time and under specific conditions.
Basically, it is the tiller of the land who is deemed to hold it. The system provides the rights of the owners, as well as their responsibilities due to their holdings. Several types of land ownership systems have been developed around the world and this is only one of them.
For example, in some countries, it is the state or the monarch who actually owns the land and other people are only its tenants. Understanding the applicable laws will allow people to make better decisions.