Land Bank Fees Reach New High

The Martha’s Vineyard Land Bank broke its own record for fees last week, collecting more than $1 million in a single five-day period. Several large property sales contributed to the windfall, including a $22 million sale down harbor in Edgartown.

Land Bank Revenues: Jan. 30

The Martha’s Vineyard Land Bank reported revenues of $291,671 for the business week ending on Friday, Jan. 30, 2015.

Land Bank Revenues: Jan. 23

The Martha’s Vineyard Land Bank reported revenues of $134,642.84 for the business week ending on Friday, Jan. 23, 2015.

Land Bank Revenues: Jan. 16

The Martha’s Vineyard Land Bank reported revenues of $137,888 for the business week ending on Friday, Jan. 16, 2015.

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Land Bank Revenues: Jan. 9

The Martha’s Vineyard Land Bank reported revenues of $272,652.70 for the business week ending on Friday, Jan. 9, 2015.

Land Bank Revenues: Dec. 26

The Martha’s Vineyard Land Bank reported revenues of $104,584.80 for the business week ending on Friday, Dec. 26, 2014.

Land Bank Revenues: Dec. 19

The Martha’s Vineyard Land Bank reported revenues of $182,254.48 for the business week ending on Friday, Dec. 19, 2014.

Land Bank Revenues: Dec. 12

The Martha’s Vineyard Land Bank reported revenues of $132,170 for the business week ending on Friday, Dec. 12, 2014.

Land Bank Revenues: Nov. 28

The Martha’s Vineyard Land Bank reported revenues of $30,620 for the business week ending on Friday, Nov. 28, 2014. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.

Land Bank Revenues: Nov. 21

The Martha’s Vineyard Land Bank reported revenues of $215,875 for the business week ending on Friday, Nov. 21, 2014. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.

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