Value, and its attribution to unregistered land, is important information for effective land acquisition, taxation and transfer processes and a key component of land administration systems.
land registration
Land registration is the official recording of legally recognised interests in land and is usually part of a cadastral system. From a legal perspective a distinction can be made between deeds registration, where the documents filed in the registry are the evidence of title, and registration of title, in which the register itself serves as the primary evidence.
Source:
Multilingual thesaurus on land tenure (English version). ISBN 92-5-104283-7