FOLIO Ontology

Land Settlement

IRI:
https://folio.openlegalstandard.org/RooP304XCeb9F2CqdPZDps
Preferred Label Homesteading
Alternative Labels
Colonization Property Settlement Real Estate Settlement Settlement Development

Definition

Land settlement refers to the process where individuals or groups occupy and establish a community or settlement on a specific tract of land, often for agricultural, residential, or developmental purposes. This concept can encompass the historical settling of new territories, as well as modern real estate transactions where land is allocated and developed.

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