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In the United States, the purchase of rural land or raw acreage is generally for investment purposes, although some buyers intend to build a home and reside there. Often without standard utility services provided by a metropolitan municipality readily available, individuals have the responsibility to install methods of achieving a regulated standard of living.
In the United States, a plat (/ p l æ t / [1] or / p l ɑː t /) [2] (plan) is a cadastral map, drawn to scale, showing the divisions of a piece of land. United States General Land Office surveyors drafted township plats of Public Lands Surveys to show the distance and bearing between section corners, sometimes including topographic or ...
In the United States, off-reservation trust land refers to real estate outside an Indian reservation that is held by the Interior Department for the benefit of a Native American tribe or a member of a tribe. Typical uses of off-reservation trust land include housing, agriculture or forestry, and community services such as health care and ...
The common usage of this term implies that swampland is worthless. Without development or some ability to develop it, it is not valuable for real estate purposes. There have been cases that swampland was purchased and turned into very valuable property, notably for the creation of Walt Disney World and also to some extent including many developed lands in Florida.
In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.
"Land tax" – also a state tax – is assessed every year on a property's value. Most Australians do not pay land tax, as most states provide a land tax exemption for the primary home or residence. Depending on the state, surcharge tax rates can apply to foreign owners. [8] "Council rates" is a municipal tax levied by local government.
[4] [3] Nonetheless, at 360 million cumulative acres, nonindustrial private forests constitute a significant portion of the nation's undeveloped land. [3] Most nonindustrial private forests are family owned. Title to 250 million acres,. or 70 percent of all NIPFs, is held by individuals, married couples, or family estates and trusts.
In much of the west, public land is leased to ranchers as rangeland. [3] Throughout the mid-1900s, federal land managers reduced the number of livestock allowed to graze these lands in order to prevent ecological degradation through overgrazing. These reductions led to building tension between federal land managers and ranchers, who were ...