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Marginal Land
By Contributor on August 25, 2018
Marginal land is a term used to describe land that is little economic value and usefulness.
This circumstances can arise due to problems with environmental concerns, water controls, soil quality, topography, etc.
You need to know:
What lenders hope you never learn about mortgages
If there are no underlying issues with the land, then it might be classified as marginal land because the costs of growing crops or building homes on it would be more expensive than what consumers would pay for the end product.
The most common uses for marginal land is for free-roaming livestock.
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