3.4 Right terms

legally recognised entitlement, power, benefit, burden or obligation in, over, under or in relation to land

residual right in land from which subordinate rights can be created and to which they can revert

right to exclusive or substantially exclusive possession of land for a period

right to enter, cross, use or take a resource or produce from land without exclusive possession

right over land securing payment or performance of an obligation

right to receive a recurring or defined payment issuing from or secured against land, other than a security right

right or priority to acquire a defined right in land on the exercise of an option or the occurrence of a condition

benefit of an obligation limiting an act or use affecting burdened land

land to which the benefit of an appurtenant right attaches

land over which a right is exercisable or to which an obligation applies

record of title maintained by a public land registration authority

document or other legally recognised act that creates, records, transfers, varies, confirms or extinguishes a right

recorded connection between a party and a right, including the capacity in which the connection exists

arrangement in which more than one party holds the same right

recorded status used where a right has been identified but a current holder has not been established to the required quality status

party recorded as a possible holder on indicative but not conclusive evidence