What approach should be used to have the ability to store and observe changes of polygons?
For example if you have an area where many parcels of land have changed owners and dimensions (larger/smaller from acquisitions of nearby parcels or subdivisions) through the decades and you want to check the history of a particular polygon?
I was thinking about using "feature compare": http://resources.arcgis.com/en/help/main/10.2/index.html#//001700000004000000
But I am not sure how it works and if it's the ideal tool for this purpose.
Also I don't know how to store these past changes that the parcels would have in order to view how it was 15 years ago for example.