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Analyzing the scenario of Land for Sale
Posted: Nov 18, 2013
In the recent years, sale of agricultural land has seen comparatively less growth. The farmers are holding back their lands for the future. The necessity of minerals and water is foreseen by them in the future. They do not want to sell their large lands for a piece of land on the name of investment in real estate.
It is true that the farmers have stopped selling their lands. Only the small land holders who do not have an additional source of income may sell their land otherwise not. A constant decrease in the sale of farm lands has been recorded in the past years. The land that has been sold is also sold by the poor farmers to those farmers or builders who were ready to pay a high amount to widen up their own property limits around their lands.
Farmers who have large farm lands take out their all the expenses from the land along with some extra income also. They sell the wood of the trees and utilize the mineral resources of their land for various purposes. They do not sell their land as they know that the land they posses right now will have a higher value in the future when the mineral and other resources will reduce. The land has been hold by the land-owners for future when the prices for their property will hike.
Another reason for less selling of land is seen due to the un-authorized land holdings. Many land owners lease their property for a few years without completing any legal formalities and when the lease period expire they lose their piece of land to the lease holder or a dispute starts for same. A disputed property is never looked into by the investors. Many acres of land cannot be sold due to disputes either between the land owners and the lease holders or some sibling rivalry or some greedy buyers or neighbors.
For putting up a land on sale one needs to have all the documents completed first. The owner should posses a deed where the details of once land have been mentioned clearly. The name of the land holders should also be mentioned clearly in the deed to avoid any kind of hassle later. The area in which the land in spread should also be mentioned clearly in the documents to prevent the neighbors from acquiring your land while to put it on sale. All the siblings having the share in the land should be ready to sell it so as to get a better price for your land.
After you have decided to sell your piece of land, place a sign board so that passer bys can see it. Secondly, contact a person who deals in buying and selling of the land to get a proper price for your land piece. Once all the formalities have been completed wait for the right deal to crack where you will get the right amount for your land.
Selling a land has decreased due to some draw backs but if the law is followed properly then it can be sold with great ease and comfort.
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