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Land contract. A land contract, (also known as contract for deed or agreement for deed ), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. Under a land contract, the seller retains the legal title to the property ...
Land between bodies of water at Point Reyes National Seashore, California. Land, also known as dry land, ground, or earth, is the solid terrestrial surface of Earth not submerged by the ocean or another body of water. It makes up 29.2% of Earth's surface and includes all continents and islands. Earth's land surface is almost entirely covered by ...
A land value tax ( LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating . Some economists favor LVT, arguing it does not cause economic inefficiency, and ...
Just compensation is a right enshrined in the Fifth Amendment to the U.S. Constitution (and counterpart state constitutions), which is invoked whenever private property is taken by the government. Under some state constitutions, it is also owed when the government "damages" private property. Usually, the government files an eminent domain ...
Land development is the alteration of landscape in any number of ways such as: Changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing. Subdividing real estate into lots, typically for the purpose of building homes.
Brownfield land. Brownfield is land that is abandoned or underutilized due to pollution from industrial use. [1] The specific definition of brownfield land varies and is decided by policy makers and/or land developers within different countries. [2] [3] The main difference in definitions of whether a piece of land is considered a brownfield or ...