In some part of world, for example where am from, lands are owned by family and same is transferred from one generation other indefinitely.
These lands are continually split into bits and pieces to the children born to the family until many people will own very small portions scattered around the community.
This present a big challenge to estate developers, as they find it difficult to purchase a large portion of land in one location, because even if they measure our the land the need, they have to deal with many owners of small portions in the area they want to buy.
How can real estate developers deal with this type of land ownership?
These lands are continually split into bits and pieces to the children born to the family until many people will own very small portions scattered around the community.
This present a big challenge to estate developers, as they find it difficult to purchase a large portion of land in one location, because even if they measure our the land the need, they have to deal with many owners of small portions in the area they want to buy.
How can real estate developers deal with this type of land ownership?