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The Purchase on the Muskingum is the yellow area, to the northwest of the First Purchase in pink. The Purchase on the Muskingum also called Ohio Company's Second Purchase, was a tract of land in the Northwest Territory, later Ohio, that the Ohio Company of Associates purchased from the United States federal government in 1792.
The second contract was an option to buy all the land between the Ohio and the Scioto rivers and the western boundary line of the Ohio Company's tract, extending north of the tenth survey township from the Ohio, this tract being preempted by Manasseh Cutler and Winthrop Sargent for themselves and others for the Scioto Company. Cutler's original ...
Buying vacant land follows a similar process as buying a home, but there are key differences. ... If you’re financing your land purchase with a loan, the fees you’ll pay at closing can include ...
The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...
Map of Ohio showing the Symmes Purchase. The Symmes Purchase, also known as the Miami Purchase, was an area of land totaling roughly 311,682 acres (487.003 sq mi; 1,261.33 km 2) [1] in what is now Hamilton, Butler, and Warren counties of southwestern Ohio, purchased by Judge John Cleves Symmes of New Jersey in 1788 from the Continental Congress.
Land banking originated in the 1920s and 1930s as a means of making low-priced land available for housing and ensuring orderly development. [2] The period of deindustrialization in the United States coupled with increased suburbanization in the middle of the 20th century left many American cities with large amounts of vacant and blighted industrial, residential, and commercial property.