Latifundio–minifundio land tenure structure

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, which are over 500 hectares and numerous small properties known as minifundios, which are under 5 hectares. Minifundios are mainly subsistence-oriented smallholdings and are generally farmed by indigenous and peasant households.