Property Ownership
What is a 'land trust' in Delaware?
AA trust established to hold agricultural land in perpetuity
BA form of ownership where a trustee holds title to real property while the beneficial interest (economic rights and control) remains with the beneficiary✓ Correct
CA conservation trust managing Delaware's protected natural areas
DA government program holding land for future public development
Explanation
A land trust is a legal entity holding title to real property while the beneficiary retains economic rights and control. Land trusts provide privacy (the trust name, not the owner's name, appears in public records) and can simplify estate planning and co-ownership.
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