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The Preemption Act of 1841 permitted "squatters" who were living on federal government-owned land to purchase up to 160 acres (65 ha) for $1.25 per acre ($3.09 per hectare) before the land would be offered for sale to the general public. To qualify under the law, the "squatter" had to be the following:
The claimed homestead could include the same land which they had previously filed a preemption claim (on up to 160 acres at $1.25 per acre, or up to 80 acres of subdivided and surveyed land at $2.50 per acre), and they could expand their current ownership to contiguous adjacent land up to 160 acres total.
After he died in 1789, responsibility for surveying was transferred to the Surveyor General. Land was to be systematically surveyed into square townships, 6 mi (9.7 km) on a side, each divided into thirty-six sections of 1 sq mi (2.6 km 2) or 640 acres (260 ha). These sections could then be subdivided for re-sale by settlers and land speculators.
The enormous mansion in Illinois is listed for $3.5 million. Home & Garden. Lighter Side
The Trustees are the oldest regional land trust in the world. The Trustees of Reservations own title to over 100 properties on 25,000 acres (10,000 ha) in Massachusetts, all of which are open to the public; it maintains conservation restrictions on 200 more properties.
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