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The Martha's Vineyard Land Bank has conserved 3000 acres of the island by collection of a 2% transfer fee on most transactions. Although administered by a private conservancy, the fee is not a private transfer tax imposed by covenant but was, instead, created by enabling legislation and is enforced by detailed regulations governing the administration of the fee.
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regulations.pdf (5.0 MB)
Topic tags: Transfer Fees & Stewardship Contributions
Last modified by Elana Richman

















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