Question

The stage of land development during which utilities are installed, parks are constructed, marketing programs are initiated, and title to individual parcels is transferred as lots are sold for construction is called _____________.

Answer 1

Disposition stage

Step-by-step explanation:

Land development involves the series of processes in real estate or site development whereby all is set for the disbursement or piece wise distribution of lands for sale and further construction. At this disposition stage, all that is required is for the buyer to begin construction of the parcel purchased. After the individual or corporate owners must have put everything on place to inform and entice prospective buyers into falling for their property and parcel sales are set to begin. All these steps are embedded in the disposition stage.