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LAND LESSONS – You Can’t Get There from Here
You can’t get there from here.For the last twenty-seven years that I have been a land broker, I have invited my friends who are division presidents or land acquisition managers for home builders to break bread with me – one-on-one – during the first weeks of January. I truly enjoy these meals, when we can…
LAND LESSONS- What are Metes and Bounds?
A type of survey used in England and many of its colonies, it uses the physical features of the local geography, along with directions and distances, to define and describe the boundaries of a parcel of land. The boundaries are described in a running prose style, working around the parcel in sequence, from a point…
LAND LESSONS- What is the difference between Real Property and Real Estate?
What is Real Estate?Real estate is defined as land and the buildings on it, along with its natural resources such as growing crops, minerals, water, and wild animals; immovable property such as trees and rocks BUT NOT the specific rights that come with ownership such as well as the right to sell the mineral rights…
LAND LESSONS- New to Land Entitlements? Here is a little advice.
“Bureaucracy is the epoxy that greases the wheels of progress.”- James Boren Why does it take two, three or five years to obtain all the necessary entitlements required to build a residential subdivision or commercial development in Maryland? Appreciate that more than 20 separate government agencies including planning, public works, parks & recreation, natural resources all need…
LAND LESSONS- What is a Priority Funding Area?
Priority Funding Areas (PFA’s) are existing communities and places designated by local governments indicating where they want investment to support future growth. Growth-related projects covered by the legislation include most state programs that encourage or support growth and development such as highways, sewer and water construction, economic development assistance and state leases or construction of new…
LAND LESSONS- What is meant by the term “Right of Way”?
Many confuse the term ”right of way” with the term ”easement“. Though they do similar things, they are different. Essentially, all rights-of-way are easements, but not all easements are rights-of-way. Rights-of-way are easements that specifically grant the holder the right to travel over another’s property. Easements are nonpossessory interests in real property. More simply, an easement…