The Martha’s Vineyard Land Bank reported revenues of $156,941.82 for the business week ending on Friday, July, 4, 2014. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.
The Martha’s Vineyard Land Bank reported revenues of $106,120 for the business week ending on Friday, June 20, 2014. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.
Much of the land bank revenue last week came from the town of Tisbury, where three transactions resulted in $56,220. In Oak Bluffs, six eligible transactions yielded $31,680. And one transaction netted $18,220 in Chilmark. No eligible transactions were recorded in Aquinnah, Edgartown or West Tisbury.