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County attorney alerts commissioners to investor parceling scheme and seeks guidance on certifying county roads
Summary
Suwannee County’s attorney told commissioners that an investor/developer has been creating owner-financed five-acre parcels that may violate local subdivision rules; at least 14 parcels were identified in the last 90 days and the county will notify affected buyers. The attorney also proposed a phased certification and possible disclaimer of county-maintained roads to reduce title uncertainty.
The county attorney briefed the Suwannee County Board of County Commissioners on Feb. 17 about a recently discovered pattern of investor-driven parceling that may have circumvented local subdivision rules.
"We found out it's spread out throughout the county," the attorney said, describing a method in which an investor bought larger tracts and divided them into five-acre parcels, then sold lots with owner-financing and without buyers obtaining title insurance. The county has identified at least 14 affected parcels created over approximately the past 90 days and is preparing letters to notify purchasers that their…
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