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If I put land up for sale, do I pay land management fees on that land until someone buys it?


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I want to purchase a parcel of land, but there is something I don't like about this particular parcel.  Say, after a month, I go and sell this land followed by purchasing a new parcel of land;  I want to know if I will pay land fees on the land I put up for sale until someone buys it. 

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You pay land fees on the total amount of land that you own at any time during the billing cycle. So, suppose that you own 512 sq m of land today and the billing cycle ends tomorrow.

1. If you sell the first 512 sq m parcel this morning and buy the new 512 sq m parcel this afternoon, you will pay fees only for 512 sq m. in each billing period.

2. If you sell the first parcel today and buy a new 512 sq m parcel tomorrow, you will still pay fees only for 512 sq m. in each billing period.

3. If you buy the second parcel this morning and sell the first one this afternoon, you will pay fees for 1024 sq m of land in THIS billing period and for 512 sq m of land in the NEXT period.

4. If you buy the second parcel today and sell the first parcel tomorrow, you will pay fees for 1024 sq m of land in BOTH billing periods.

The lesson is to sell before you buy or, at the very least, to get both transactions finished in the same billing period.

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I would add to the other excellent answers:  Don't buy land if there is "something you don't like" about it!  It can be hard to re-sell, especially if other potential buyers also dislike whatever feature of the land you yourself object to.  You might wind up having to Abandon it, and lose your investment.

Keep looking until you find land you really like!  It's out there.

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