State-owned land is a type of government property. Governments hold title to state-owned land.
State-owned land functions for public use.
State-owned land differs from privately owned land. Private individuals cannot claim ownership of state-owned land.
State-owned land, unlike corporate-owned land, does not aim for profit maximization.
Three popular features of state-owned land include national parks, military bases, and public schools. National parks serve as conservation areas.
Military bases ensure national defense. Public schools provide education.
Common features of state-owned land encompass roads, hospitals, and government buildings. Roads facilitate transportation.
Hospitals deliver healthcare services. Government buildings house administrative functions.
Unusual features of state-owned land involve historical sites, embassies, and research stations. Historical sites preserve cultural heritage.
Embassies facilitate diplomatic relations. Research stations support scientific studies.
Unique features of state-owned land include royal palaces, legislative assemblies, and central banks. Royal palaces signify cultural significance.
Legislative assemblies enact laws. Central banks manage the country’s currency.
State-owned land differs from leasehold land in terms of ownership rights. Leasehold land grants temporary rights to lessees.
State-owned land, however, remains under permanent government control.
For more information, consult our glossary about Bangkok real estate.