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SALE OF EXCESS LAND Mission San Jose District 3393 Washington Blvd., Fremont, CA 94539 Lot 70 Tract 4214 APN 525019508400 11,393 s.f. Vacant Land (Low Density Residential, Planned District P791) Minimum
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How to fill out sale of excess land:

01
Determine the purpose of selling the excess land and ensure that it is legally permissible to do so. Check local zoning laws and any applicable permits or restrictions.
02
Conduct a thorough assessment of the land including surveys, environmental studies, and any potential legal issues or encumbrances.
03
Gather all necessary documentation such as the deed, tax records, and any relevant financial documents.
04
Set a fair market price for the land by conducting a comparative market analysis and consulting with real estate professionals or appraisers if needed.
05
Prepare a detailed description of the land highlighting its features, potential uses, and any unique selling points.
06
Advertise the sale by utilizing various marketing channels such as online listings, signage, and local newspapers.
07
Negotiate and communicate with potential buyers, answering any questions they may have and providing additional information if requested.
08
Once a buyer is secured, draft a sales agreement or contract that clearly outlines the terms and conditions of the sale, including the purchase price, closing date, and any contingencies.
09
Hire a qualified escrow or title company to handle the closing process, ensuring that all necessary legal and financial requirements are met.
10
Attend the closing, sign the necessary documents, and transfer the ownership of the land to the buyer.

Who needs sale of excess land?

01
Property owners or developers who have acquired additional land through inheritance, mergers, or acquisitions and wish to monetize the surplus.
02
Farmers or agricultural businesses looking to sell portions of their land that are no longer needed for cultivation or expansion.
03
Government agencies or municipalities seeking to divest excess land that is not being utilized or serves no public purpose.
04
Investors or individuals who have purchased land as an investment and are looking to sell it for a profit.
05
Non-profit organizations or charities that have received land donations and want to convert it into funds to support their cause.
06
Businesses or homeowners who have surplus land adjacent to their property and wish to sell it for development purposes.
07
Individuals or families who have inherited land but do not have a need or desire to keep it, and prefer to sell it instead.
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The sale of excess land refers to the process of selling land that is no longer needed or used by the owner.
Individuals or entities who have sold excess land are required to file sale of excess land.
To fill out sale of excess land, individuals or entities must provide information about the land sold, the sale price, and any other relevant details.
The purpose of sale of excess land is to document and report the sale of land that is no longer needed by the owner.
Information such as the location of the land, the size of the land, the sale price, and any improvements made to the land must be reported on sale of excess land.
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