Land News
LAND LESSONS- What is the Maryland Agriculture Recapture Tax?
In an effort to promote the raising of livestock or the growing of agricultural outputs such as grains, nuts, fruits and vegetables, Maryland assesses land used for productive agriculture at a lower taxable value. This yields the tax on a farmer’s field in the hundreds of dollars rather than thousands of dollars compared if the…
Read MoreLAND LESSONS- Phase One Environmental Site Assessment
What is a Phase One Environmental Site Assessment? You’re a developer searching for a great site for a residential community driving a road you seldom drive. You see water and sewer lines being installed, new homes under construction, as well as a new grocery-anchored shopping center. A mile down the road, you see a homemade “For…
Read MoreLAND LESSONS- What is Lot Line Adjustment?
What is lot line adjustment? A lot line adjustment is the process that involves altering the property lines of existing parcels of land in order to create two or more properties with different legal property boundaries than before the adjustment. Depending on local regulations one may merge up to 4 adjoining parcels into one single…
Read MoreLAND LESSONS- What is an Acre?
What is an Acre? Acre comes from a term used in the Middle Ages meaning how much land a man could plough with a team of oxen during a single day – sun up to sun down. It is traditionally defined as the area of one chain by one furlong (66 by 660 feet), which is…
Read MoreLots of Trouble
Selling vacant land becomes a struggle in down market Ryan Sharrow Baltimore Business Journal The Diamond Group has cut its asking price for a 2-acre lot in the city’s Morrell Park neighborhood in half. The lot has room for 20 new townhomes. Anne Arundel County home builder William Douglas Homes has four parcels of vacant…
Read MoreStephen Ferrandi and Josh Halbedel Awarded Disposition of Six Acre Site in Silver Spring
Stephen Ferrandi and Josh Halbedel are awarded the disposition of a six acre site in Silver Spring, Montgomery County on New Hampshire Avenue. The site is being marketed as a house of worship site and is priced at $1,400,000.
Read MoreJosh Halbedel Sold Small Church to Homebuilder
Josh Halbedel sold a small church to a homebuilder who plans on razing the structure in order to build two single family homes on the site.
Read MoreStephen Ferrandi Awarded the Disposition of the TiTo Property
Stephen Ferrandi is awarded the disposition of the TiTo Property a single family home subdivision of 189 units in Baltimore County.
Read MoreStephen Ferrandi Awarded Disposition of the Greenfields at White Marsh 96
Stephen Ferrandi is awarded the disposition of the Greenfields at White Marsh 96 unit single family subdivision by its development.
Read MoreStephen Ferrandi Sold 12 Single Family Building Lots in Bel Air, MD to Clark Turner Homes
Stephen Ferrandi representing an estate sold 12 single family building lots in Bel Air, Harford County, Maryland to Clark Turner Homes for an undisclosed price.
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