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assemblage |
Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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assemblage The process of putting together the purchase,or options for the purchase,of several small parcels from multiple owners in order to create a larger parcel of land.The goal is to obtain enough land for a particular development in mind, or to conduct the assemblage as a speculative venture,in order to sell the larger parcel for more money than it cost to purchase the smaller parcels. This increase in value due to the assemblage is called plottage value. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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