emphyteusis
noun
em·phy·teu·sis
ˌem(p)fəˈtüsə̇s,
-fə‧ˈtyü-
plural emphyteuses
-üˌsēz
: a Roman and civil law contract by which a grant is made of a right either perpetual or for a long period to the possession and enjoyment of originally agricultural land subject to the keeping of the land in cultivation or from depreciation, the payment of a fixed annual rent, and some other conditions
also
: the heritable and alienable right so granted or the tenure by which it is held
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Merriam-Webster unabridged
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