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The conversion of the development rights from real property into cash also places the family in a position of avoiding forced liquidation at a sacrifice price at the time of the death of the farmer. The real property tax picture also brightens for such a participating farmer because assessments of real property must be made in full recognition ...
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.
New creation of farmland (or 'agricultural land conversion') will rely on the conversion and development of previous forests, savannas or grassland. Recreation of farmland from wasteland, deserts or previous impervious surfaces is considerably less frequent because of the degraded or missing fertile soil in the latter.
Apr. 19—HUBER HEIGHTS — A developer has plans to construct a subdivision of 197 townhome apartments, along with five commercial outlots, on a parcel of farmland on Executive Boulevard in Huber ...
A subdivision plat approved by a local planning commission, once recorded in a registry of deeds, is generally deemed to have created the parcels of land identified on the plat itself. The problem of testamentary division of property was identified by the SCPEA in the footnote to the definition of subdivision, but not fully clarified by it.
Farmland or other undeveloped land with planning permission is worth many times more than greenbelt land. When land is bought speculatively for a premium, where the buyer thinks they will get that ...
This subdivision survey plan would then be recorded with an official government record keeper. The officially recorded map then became the legal description of all the lots in the subdivision. The method became widespread after the post World War II expansion into the suburbs when formerly rural areas became heavily populated and large tracts ...
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.