What is Land grant?
A '''land grant''' is a gift of [[real estate]] - land or privileges - made by a government or other authority as a [[reward]] for services to an individual, especially as rewards for [[military service]]. Grants of land are also awarded to individuals and companies to help develop unused land in relatively unpopulated countries. [[Ancient Rome|Roman]] [[soldier]]s were given rewards at the end of their service including cash or land (''praemia''). [[Augustus]] fixed the amount in AD 5 at 3000 denarii and by the time of [[Caracalla]] it had risen to 5000 denarii.<ref>{{cite web | url=http://www.roman-empire.net/army/army.html | title=The Roman Army Overview – the Roman Empire | access-date=2007-07-16 | archive-date=2017-12-14 | archive-url=https://web.archive.org/web/20171214094545/http://www.roman-empire.net/army/army.html | url-status=dead }}</ref> In old [[California]], the King of [[Spain]] frequently gave land to people he liked, or who helped him. ==References== <references/> [[Category:Business]] [[Category:Property]]