Land Use & Zoning
South Dakota's large tracts of federal and state public land affect the real estate market because:
APublic land can be converted to private ownership freely
BThese lands create natural boundaries and amenity values, influencing property values of adjacent private land✓ Correct
CFederal land is exempt from property taxes which raises taxes on private landowners
DPublic land transfers are handled exclusively by the SDREC
Explanation
Federal and state public lands (National Forests, BLM lands, state parks) create recreational amenities that increase the value of adjacent private land and limit the supply of developable property.
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