An agreement setting out the terms of tenure for a large area of agricultural land.
one condition of a settlement lease provided that the land be kept clear of prickly-pear
Example sentencesExamples
- The terms of settlement leases have been extended to forty years.
- This mixed wheat–sheep pattern suited the settlement leases encouraged by the Land Acts.
- The area of a settlement lease was originally limited to 1280 acres for agricultural purposes.
- Settlement leases gave to persons of small means easy access to land.
- A settlement lease could be sublet if the consent of the Minister for Lands were obtained.