"To inherit the land" means to receive or receive ownership of a piece of land from someone, typically from a family member who has passed away. It implies becoming the legal owner and having the right to use or control the land. Full definition
Since your parents inherited the land, their cost basis is the market value of the land at the time they inherited it. (biggerpockets.com)
As reported before, the lease payments frequently funnel to absentee landowners who inherited the land from their retired farmer parents and now sun in Florida where the turbines don't spin. (stopthesethings.com)
Accordingly, the RDA is directly relevant to the protection from racial discrimination of Indigenous rights to own and inherit land in association with others. (humanrights.gov.au)