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Acquire land means taking ownership or control of a designated area of land or an interest in land by purchase, exchange, assignment, reversion, gift, eminent domain, or any other method consistent with State or Federal law. The purpose of the acquisition could be for new construction or to expand an existing facility.

These property types include residential property, commercial property, industrial property, land as a property type, and special purpose property.

New Construction property is a piece of real estate that has completely new improvement on the property. 

The repairing, renewing, or restoring the property to good condition.