iltf.org

Website:https://iltf.org/
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Definitions (36)

1

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Individual Indian Money Account


Fund account administered by the Department of the Interior. Funds deposited into these accounts come from a number of sources, including land-related income from leases, timber harvest and mineral ex [..]
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Alienated land


Land that has had its ownership transferred to another party.
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allottee


An individual who owns an undivided interest in a parcel of allotted land.
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beneficial use


The right to benefit from (live on, use, profit from) a parcel of land, the legal title to which is held by the trustee. In the case of Indian land, the trustee is the federal government.
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CHAIN OF TITLE


A report of the ownership history from the government allotment or trust patent to the current owners.
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Checkerboarding


Lands within reservation boundaries may be in a variety of types of ownership—tribal, individual Indian, non-Indian, as well as a mix of trust and fee lands. The pattern of mixed ownership resembles a [..]
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escheat


The reversion of the property of a deceased person to the government when there are no legal heirs.
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FEE SIMPLE


Land ownership status in which the owner holds title to and control of the property. The owner may make decisions about land use or sell the land without government oversight.
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Indian Landowner


Any tribe or individual Indian who owns an interest in Indian land in trust or restricted status.
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Interest


When used with respect to Indian land, an interest is an ownership right to the surface estate of Indian land that is unlimited or uncertain in duration. This includes life estates.
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