Land Transaction
Any procedure that results in a change in the status of one or more legally delineated parcels of land. A land transaction can range from a simple surface ownership transfer to a complex redefinition of delineated parcels into a subdivision. The types of valid land transactions vary drastically from one state or county to the next because of state or local land ordinances. Other examples of common land transactions are zoning change requests, zoning variance procedures, land use change procedures, site development plans, and the potentially large number of permit procedures that must be approved as a prerequisite to certain land activities. The best example of land transaction permitting procedures in state government are those processes associated with Developments of Regional Impact.