Latifundio–minifundio land tenure structure

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The land tenure structure of Latin America is called as the 'Latifundio–minifundio' land tenure structure. This dualistic tenure system is characterized by relatively few large commercial estates known as latifundios (>500 ha) and numerous small properties known as minifundios (<5 ha). These mainly subsistence-oriented smallholdings are farmed by indigenous and peasant households.