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Take a Peek | Blog | Contact Us
508.696.3704 | 866.477.3629

What is the Martha's Vineyard Land Bank Fee?

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All properties for sale on Martha's Vineyard are subject to a 2% Land Bank fee.  This is an additional fee that the buyer pays at closing.  Homes occupied by first-time homebuyers are exempt on the first $400,000 of the purchase price.  Ask your agent for more information about this fee.

Click here for to visit the Martha's Vineyard Land Bank website.