Terezim Fortress Properties

Terezim Fortress Properties WE are looking for plots in and around Zimbabwe, the plots must range from 2h to 3 000h, title deeds administer leasehold tenure.

The Fast Track land reform program had a diverse impact on the beneficiaries. For some, it provided an opportunity to improve their material wealth, for others it was a lost opportunity
for the investments in agriculture did not pay dividends. Others despite the challenges continue to hang on to the land hoping that they will get it right in the future. According to the farmer's livelihoods for mo

st have improved from the level they were when they were in the communal areas. After years on the fast track farms, farmers have invested substantially in buying non-motorized equipment and implements such as hoes, shovels, spades, ox-drawn implements and scotch carts, and livestock. Advantages and limitations of Lease Agreements

Provisions:

• Ownership valid for the agreed period. It May be renewed if agreed
to (99 years for current A2 model leases).
• Considerable land-use regulations applied by the state to ensure a
the balance between import and domestic production which leads to
increased ability to produce own food
• Inheritance issues are determined by the governing laws through
the MoLRR and the courts. Advantages:

• Perpetual ownership unless if owner willingly leaves;
• Can be used as Collateral freely for the full value improvements
only and usufruct rights
• Land cannot be held for speculative purposes as it has no value
and also it will be repossessed by the State and allocated to
others.
• Inheritance issues are determined in the permit and through the
courts

Disadvantages

• Not Tradable
• Cannot use the land as collateral
• Land ownership is vested in the owner, in this case, the state, with
leases retaining usufruct rights;
• Can be Transferred only with the consent of the MoLRR which
consent cannot be unreasonably held
• Weak incentives to conserve natural resources, unless the owner
provides incentives;
• Land commissions, Boards, committees, ministries e.t.c. Sometimes non-transparent, political
interference, dispersed and weak;
• Long term leases are surveyed and registered through the Deeds
Registry Act

Address

15 Airdrie Road Eastlea
Harare
263

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