PROPERTY TRANSFERS
Oct. 15, 2007 ~ Oct. 19, 2007
7. A house on 2B Folger Ave. sold to Alan J. Worden, Trustee of 2B Folger Avenue Nominee Trust of Nantucket, Mass. from Nantucket Homes for People, Inc. for $545,400. The property's assessed value is unavailable. The land bank fee is $10,908.

1. A house on .20 of an acre at 10 Mill Hill Lane sold to Ira L. Unschuld of New York City, N,Y. from TPH-Mill Hill, LLC, of Alexandria, Va. for $4,460,000. The property is assessed at $2,489,500. The land bank fee is $89,200.

8. A house at 1 Sasemin Way sold to Timothy W. Brannigan and Marie S. Brannigan of Nantucket, Mass. from Nantucket, Mass. from Nantucket Homes for People, Inc. for $505,400. The property's assessed value is unavailable. The land bank fee is $2,108 and the exemption is M.

9. A house on .10 of an acre at 40 Arkansas Ave. sold to Amelia Vanderwolk of Nantucket, Mass. from Joseph L. Rapacki, Jr. and Julie A.M. Rapacki of Edina, Minn. for $485,000. The property is assessed at $421,900. The land bank fee is $9,700.

10. Timeshare periods, Intervals 9 and 13 on Lot 689 on a portion of 13 Arkansas Ave. sold to Carolyn R. Callahan of South Windsor, Conn. from Five K. Realty Trust of Nantucket, Mass. for $34,000. The property's assessed value is unavailable. The land bank fee is $680.

2 2. A house on .10 of an acre at 12 Orange St. sold to Twelve Orange Nantucket, LLC, of Boston, Mass. from Rebecca, Thomas, Luke and Seth Richmond of Breckenridge, Colo. for $2,600,000. The property is assessed at $1,939,100. The land bank fee is $52,000.

11. A timeshare period, Interval 39 in Unit 2 in Building A at Brant Point Courtyard Condominium on Swain Street sold to Alan and Deborah Macintosh of Newburyport, Mass. from Donald and Priscilla Mosher of South Dartmouth, Mass. for $4,200. The property's assessed value is unavailable. The land bank fee is $84.

12. A timeshare interval, Period 46 in Unit A5 in Building on a portion of Swain Street sold to Carson P. Cooman of Cambridge, Mass. from Brant Point - Nantucket, Inc., of Yarmouthport, Mass. for $500. The property's assessed value is unavailable. The land bank fee is $10.

13. A house on .53 of an acre at 10 Hinckley Lane sold to Edward J. and Dorothy H. McCarthy, as Trustees of the Edward J. and Dorothy H. McCarthy Living Trust of Boston, Mass. from Edward J. McCarthy and Dorothy H. McCarthy of Pasadena, Calif. for $10. The property is assessed at $4,229,000. The land bank exemption is D.

3. A house on 5.8 acres at 125 Polpis Road sold to David F. Dalury and Alexander K. Dalury of Glyndon, Md. from Mary Ann Berruet and Jean- Charles Berruet of St. James City, Fla. for $2,550,000. The property is assessed at $3,296,100. The land bank fee is $51,000.

14. A house on 3.05 acres at 290 Polpis Road sold to Marianne Boesky and William Salisbury Culman, Trustees of Holly Farm Realty Trust of New York City, N.Y. from Marianne Boesky of New York City, N.Y. for $0. The property is assessed at $3,179,700. The land bank exemption is D.

15. A house on .19 of an acre at 63 North Liberty St. sold to Wendell S. Sykes and Colin M. Sykes of Seattle, Wash. from the Estate of Richard M. Sykes of East Norwich, N.Y. for $0. The property is assessed at $1,251,800. The land bank exemption is F.

4. A vacant lot on 1.2 acres at 6 Nosegay Lane sold to Bruce Ritter of Ridgefield, Conn. from Stamatis Reves of North Kingston, R.I. for $1,800,000. The property is assessed at $5,259,800. The land bank fee is $36,000.

16. A house on .12 of an acre at 65 North Liberty St. sold to Alexander Sykes Mills of Southborough, Mass. from James W. Sykes and Alexander Sykes Mills, Co-Executors of the Estate of Richard M. Sykes and Colin Sykes of Seattle, Wash. for $0. The property is assessed at $4,521,900. The land bank exemption is F.

17. A house on .15 of an acre at 12 Galen Ave. sold to Galen Avenue, LLC, of Vero Beach, Fla. from John L. Dean, III and Christine E. Dean of Vero Beach, Fla. for $0. The property is assessed at $2,623,900. The land bank exemption is C.

NOTES ON EXEMPTIONS Many of the property transfers recorded with the Land Bank are exempt from the 2-percent transfer fee using one of 13 exemptions allowed by the Land Bank Act as follows: A: transfer to government entity. B: transfer which, without additional consideration, confirms, corrects, modifies, or supplements a previously made transfer. C: transfer made as a gift without consideration. D: certain transfers to and from a trust. E: transfer via death or bankruptcy. F: transfer made in partition of land and improvements. G: transfer to charitable organizations. H: transfer to a mortgagee in foreclosure of the mortgage. I: certain transfers made to or within a corporation or partnership. J: certain transfers out of a corporation or partnership. K: transfer due to divorce. L: transfer of property that is partially personal property and partially real property. M: certain first-time property buyers (applies to the first $400,000).

5. A house on .12 of an acre at 8 Beaver St. sold to Amy E. Sherburne and Mark Sherburne of Mill Valley, Calif. from H. Gordon Kennedy of Marshfield, Mass. for $1,532,500. The property is assessed at $1,202,700. The land bank fee is $30,650

The above explanations are abbreviated because the language explaining these exemptions is too lengthy to print in this section every week. If you're curious about a certain exemption, go to the Nantucket Islands Land Bank Web site for complete information on the exemptions and the land bank's governing bylaws: www.nantucketlandbank.org . Or visit the office at 22 Broad St.

6. A house on 1.8 acres at 28 Miacomet Road sold to Susan J. Berman of Nantucket, Mass. from James V. Lengeling, Mari D'Allessandro, Robert Turner and Kathleen Turner of Maplewood, N.J. for $1,365,000. The property is assessed at $1,307,500. The land bank fee is $27,300.