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text rail property

Rail Property Management (RPM) will prepare a complete overview of properties to determine potential for rail use, future development newsalesor sale. For properties designated as surplus, RPM will create a marketing plan for the sale or lease of such properties. This includes identification of individual surplus parcels, evaluating properties, and implementation of a program to effectuate the sale.

In addition to the sale of surplus properties, RPM also handles the sale of entire abandoned rights of way. This includes review of acquisition instruments, determination of title, evaluation of property, and the establishment of a program to complete the sale of all segments of the abandoned line. The RPM staff spend the necessary time newsales2in the field  to research land values, adjacent ownership and make personal contact with all prospective purchasers. A project is deemed complete only when all remaining properties are sold.

For both surplus property and abandoned line sales, RPM is capable of handling all aspects of such a sale. In addition to the marketing program a turn-key approach will include preparation of contract forms, mapping, processing of title, creation of legal descriptions and completion of the closing, including deed and documentation preparation, scheduling, and collection of funds.