Search results
Results from the WOW.Com Content Network
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 ...
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 .
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.
For premium support please call: 800-290-4726 more ways to reach us
The effect was to slow development, and farmland loss, but when prices rose for land the farms were still sold for profit. The act was supplemented with the Agriculture Retention and Development Act of 1981 which put permanent deed restrictions on the sale of farm properties. The Farmland Assessment Act continues today allowing tax exemptions ...
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 ...
The 6.48-acre property is subdivided into two areas. One portion is the 4.12-acre warehouse lot, totaling 179,612 square feet. That area was acquired by Global Storage Partners on March 22 ...
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.