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Anderson subdivided his 1 big parcel of land for sale only because new and unfavorable zoning regulations made it otherwise difficult to sell. Sold five

Anderson subdivided his 1 big parcel of land for sale only because new and unfavorable zoning regulations made it otherwise difficult to sell. Sold five parcels of land to different buyers for a total of $1,000,000. Anderson had partially developed the property by securing favorable zoning changes in the area and by arranging for water, sewer, and electrical hook-ups to be installed.

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