Somebody offered us to buy the rights of a sort of farm or forest with an area of 5 hectares. The current occupant said that the document in his possession is a Certificate of Stewardship.
This is what I found about Certificate of Stewardship from this source.
Certificate of Stewardship CSA (Certificate of Stewardship Agreement) - A document issued by the government to qualified individual occupants pursuant to Stewardship Agreement (SA). A Stewardship Agreement is a 50-year contract entered into by and between an individual forest occupant or forest community association, or cooperative and the government allowing the former the right to peaceful occupation, possession, and sustainable management over the designated area. This is awarded by the State to individuals possessing properties that are in State Reservations. This certificate is transferable and it can even be used as loan instrument or collateral.
Some questions in mind that came up on this kind of contract . . .
What would happen after the 50 year contract expired and the occupant cultivated and improved the land? Will the Government award the land to occupant permanently as the rightful owner? Or is it subject for another contract renewal?
No comments:
Post a Comment