It stands for Trustees of the Internal Improvement Trust Fund, which consists of the Governor, Attorney General, Commissioner of Agriculture and Consumer Services and the Chief Financial Officer of the state of Florida.
Chapter 18296, Laws of Florida (1937), is known as the Murphy Act. The Act provided for forfeiture of lands for nonpayment of property taxes. Tax certificates were issued to landowners who failed to pay their taxes. If the taxes were not paid by June 9, 1939, title to the land went to the state, and these lands are now administered by the Board of Trustees. Chapter 253, F.S., is where the details for Murphy Act Lands can be reviewed. Many lands received under the Murphy Act are wetlands or marshland or have other natural resources, and these are managed as conservation lands. However, there are many small Murphy Act parcels scattered about the state that are offered for sale as surplus.
Florida law prohibits sharing of appraisals with applicants until two weeks before a contract or agreement for exchange or disposal of surplus land is first considered for approval by the Board of Trustees.
No. All surplus land sales follow requirements in Florida Statutes. If state land is not needed for conservation or for state agency use, it must first be offered for lease to state agencies, state universities and community colleges, with priority consideration given to state universities and community colleges. It may then be offered to the public. Florida Statutes require that the sales price for surplus land take into consideration an appraisal or, when the estimated value of the land is less than $500,000, a comparable sales analysis or a broker's opinion of value.
No. Pursuant to requirements in Florida Statutes, a parcel of land that is being considered for surplus must first be offered for lease to state agencies, state universities and community colleges, with priority consideration given to state universities and community colleges, prior to being designated as surplus. It can then be offered for sale or bid to the general public.
Legislators intended for this land to be sold and the proceeds be deposited into the PSF. Deposits to the PSF would be an inexhaustible source of revenue because only interest income from the fund could be spent and would be apportioned among the state's public schools.
A primary responsibility of the Land Office is to lease these lands for the benefit of the Permanent School Fund, an endowment fund established in 1876 for the benefit of Texas public school education.
State Real Properties are properties owned by other state agencies. If the Governor determines a state property to be underutilized, the Texas General Land Office may then be called upon to sell that property. Typically, these properties must be sold in a public forum such as an auction, sealed bid sale or through a real estate agent. Direct sales may occur once the property has been offered to the general public. The properties listed on the Land Office website are available for direct purchase. All properties are sold differently and reviewed on a case-by-case basis.
The internal real estate portfolio consists of mainly commercial real estate investments; however, it may have some additional miscellaneous real estate assets as well. Since the acquisition process for this portfolio contains numerous methods of marketing, their are no set procedures for the acquisition process. Asset management will sale direct, thru brokers, or auctions. Certain real estate assets are listed for sale by brokers or marketed internally by staff. There are certain assets that are not available for sale for various reasons. The most appropriate avenue for acquisitions of an internal portfolio real estate asset is to look on the Texas General Land Office web site and identify an asset that you are interested in and contact the associated marketing person. The marketing person or asset manager will explain the acquisition procedures for that particular asset.
Each state agency is responsible for reporting all updates of their own Real Property to the Texas General Land Office every year. This information is reported to the GLO via the SRPI reporting system, accessible through the link below (paper reports are no longer accepted).
State law requires that the General Land Office gather information from institues of higher education concerning their land and facility holdings. This information is reported to the GLO via the Higher Education (HigherEd) reporting system, accessible through the link below.
Texas Natural Resource Code, Chapter 31, Subchapter E [Senate Bill 1264, 74th Texas Legislature, 1995] charges the General Land Office with gathering data related to four-year publicly-funded Texas universities lands and facilities in order to make recommendations related to underutilized properties. Every institution is required to keep an inventory of their real property.
Several state agencies have the power to purchase and manage land on behalf of the People of the State of New York. For example, land might be purchased to add to the state forest preserve, a SUNY campus, or a state park. Typically, the state acquires full ownership of the land in fee simple, although sometimes the state acquires lesser interests, such as fishing easements or conservation easements. In all cases, the land is obtained for the benefit of the public. The state agency will negotiate a land purchase agreement with a willing seller, and then refer the transaction to the Real Property Bureau for the examination and closing of the land title. Real Property Bureau personnel prepare an abstract of title after a review of the county land records, including maps, deeds, mortgages, judgements, surrogates court records, and the county tax rolls. Staff attorneys then review the title abstract, together with other title material; prepare the instruments necessary to clear title; and then close and acquire title in the name of the People of the State of New York. The role of the attorney general regarding state land purchases is twofold: to facilitate the acquisition of land by state agencies for the benefit of the public, and to ensure that the People acquire good, clear title.
The state of Colorado spans 66 million acres. The Colorado State Land Board is the second largest landowner in our state (second only to the federal government) with 2.8 million acres of working ranches, recreational ranches, commercial buildings, development property in urban locations, water and minerals.
We rarely sell land or other property assets, and we only do so when it's clear that the reinvestment of the proceeds can provide a greater benefit to the trusts. View lands currently noticed for exchange.
Read about a partnership with the Department of Defense (DOD) that affects approximately 75,000 acres of trust land through the DOD's Readiness and Environmental Protections Integration Program (REPI) program. REPI is a federal funding mechanism to manage potential encroachment that can limit or restrict military training, testing, and operations at military installations.
We were created at statehood when President Ulysses S. Grant signed proclamation 230 to make Colorado the 38th state to join the Union. At that time, we acquired 4 million acres of surface land and mineral estate from the federal government in order to use the land to earn money for Colorado's public schools.Thomas Jefferson originated the concept of reserving land for the benefit of public schools during the 1780s. Learn more about the State Land Board's history.Today we earn $120+ million annually for schoolchildren.
Welcome to New Hampshire Department of Transportation (NHDOT) surplus real estate property process and inventory of properties available. The NHDOT's goal is to dispose of land not needed for transportation purposes, thus returning it to the local tax rolls. You are invited to inquire about properties of interest.
As needs change, certain parcels may be declared surplus and offered for sale. There are a few ways to acquire State owned surplus land. Some may be available as assemblage to adjacent property; some might be suitable for independent development and then some through Realtors. The information below outlines how to inquire whether these properties may be conveyed to private ownership.
In acquiring land for public projects, the New Jersey Department of Transportation (NJDOT) sometimes accrues land that may be surplus to the current project. Upon review to determine if there is any current or future use, the surplus property may later be disposed of as excess property. Persons interested in purchase or lease of a specific property may submit an Excess Land Request Form (pdf)
You will need Adobe Acrobat Reader to view Portable Document Format (PDF) files, which is available at Adobe.com/reader.
Here are some of the most frequently asked questions about land for sale or lease.
The federal government and your state, county or local governments own millions of acres of land. When the land is no longer needed or serves its purpose, the government usually disposes of it through public sales. When you find surplus government-owned land or real estate, you can often save money on a variety of land parcels that could be a boon for you, even if the government doesn't want them anymore.
Although many federal agencies sell their surplus property, only a few of them handle real estate and land sales. USAGov website is a one-stop-shop for consumers who want information about federal agencies that sell surplus land. This website not only saves you time when you are looking for available land, but also lets you avoid paying third parties for public information about government land sales.
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