1. Fee Simple - Ownership of land in which the rights to use the land are unlimited.
2. Fiduciary - A relationship of trust in which one party, which holds certain powers and privileges, must act in another party's best interest.
3. Usufructuary Rights - The legal ability to use or receive benefit from a possession, such as land, without owing it.
What do the following terms mean as related to Indigenous title? Match the phrase to the correct meaning.
Question 5 options:
A relationship of trust in which one party, which holds certain powers and privileges, must act in another party's best interest.
The legal ability to use or receive benefit from a possession, such as land, without owing it.
Ownership of land in which the rights to use the land are unlimited.
1.
Fee Simple
2.
Fiduciary
3.
Usufructuary Rights
1 answer