land trust

Definition of "land trust"
  1. An arrangement where a trustee holds the ownership of land for the benefit of a person or entity
How to use "land trust" in a sentence
  1. The land trust was established to ensure the preserved land would remain undeveloped.
  2. The large corporation created a land trust to consolidate its extensive land holdings.
  3. To keep her real estate investments confidential, she placed her properties in a land trust.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z