Search results
Results from the WOW.Com Content Network
A regulated developer is to provide each purchaser with a disclosure document called a Property Report. The Property Report contains relevant information about the subdivision and must be delivered to each purchaser before the signing of the contract or agreement and gives the purchaser at a minimum a 7-day period to cancel the purchase agreement.
The approved appraised value for the development rights to the 60 farms came to $10,175,000, which was a substantial reduction in value from the original offers made to the owners. Farmer Nathaniel Talmadge, the first to sign up for the program, was originally offered $4,525 an acre for his development rights; he settled for $2,725 per acre.
Technically, subdivision describes the legal and physical steps a developer must take to convert raw land into developed land. Subdivision is a vital part of a community's growth, determining its appearance, the mix of its land uses , and its infrastructure, including roads , drainage systems, water , sewerage , and public utilities .
The system is the most recent of the three main survey systems. It began to be widely employed in the United States in the 19th century when cities began to expand into the surrounding farmland. The owners of a large tract of land would create a plat and subdivide the tract into a series of smaller lots to be sold to buyers. This subdivision ...
This conversion was to be done within a certain proximity to metropolitan cities that maintain existing farming that would fall threat to residential intrusion. [9] Outside of metropolitan areas, there was a push to adopt agricultural zoning for farmland in rural areas.
Partition by sale constitutes a forced sale of the land, followed by division of the profits thus realized among the tenants. Generally, the court is supposed to order a partition sale only if the land cannot be physically divided, although this determination often rests on whether the economic value of the divided pieces is less in the ...
More recently there have been attempts to promote land consolidation in developing countries. Approaches used include increasing the average size of farms into viable commercial units through sale or lease; consolidation to reduce fragmentation of smallholder plots; and cooperative farming, where farmers retain ownership of their land but farm it jointly.
The objective of the conversion is to maximise the retention of the house's original architectural features and decorations, while minimising structural changes. In the UK, planning permission for the conversion of listed buildings will often be granted with enabling development near the house (i.e. the construction of new housing), to help ...