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D-land-audit Dictionary

Land audit

An official count of who owns land and how it is held

All termsIntroduced in Module 1Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
An official count of who owns land and how it is held
How to use it
Use land audit results to understand who owns land in the student's area and how policy may treat it. It is context for land risk in the venture plan.
South African benchmark
South Africa's Land Audit Report Phase II (November 2017) counted private land ownership by race, gender and nationality.
Country notes
Zimbabwe's land audit covers resettled farms; the other markets have their own land registries and surveys.
Go and read
C1 Lesson 1.4, C10 Lesson 10.3
Calculate it
No calculator; the term is applied in the venture plan narrative.
Library sources
LIB-A054, LIB-A125, LIB-A126, LIB-A127
See also
Title deed, Customary tenure
Two hectares measured out, with the four numbers that make land a business assetTwo hectares, measured as a business assetHectare 1100 m x 100 mHectare 210,000 m²100 m100 m100 mLease value a yearthe return to beatSale valuethe capital tied upHolding costfencing, rates, upkeepTenure documentwhat a bank lends on1 hectare = 10,000 square metres. Two hectares is a 200 m x 100 m block.
From Module 1, The Farm as an Asset, where this term is introduced.

Introduced in C1 The Farm as an Asset.