8.2 Ownership rights

An ownership right is the residual right in land from which subordinate rights can be created and to which they can revert.

For each ownership right, the organisation shall record:

jurisdictional tenure or ownership type;

geographic and vertical extent;

all identified holders and joint-holding structure;

registration status;

evidencing titles and instruments; and

subordinate rights relevant to the requirement.

Where ownership is inferred or reputed, the status and basis shall be explicit.