My point was that the laws regarding those minimum lot sizes are about buildable lots. Although now that I'm looking into this I think the snag would be trying to record that plot plan, where the Registry would be mechanically looking for a town approval stamp on the plan before they were willing to record it.
But a new avenue has occurred to me that actually saves money on deed costs - nothing prevents multiple corporate entities from jointly owning a piece of real estate on one deed, right? So you could conceivably create one Delaware Series LLC, create an unlimited number of distinct legal entities with that, and then write one deed that lists all of those entities as joint owners of the single piece of real estate. Basically similar to multiple residents living in one house, and each getting a vote (but applied to infinitely scalable corporate entities!)
The fundamental flaw here is the law framing the entity itself as having voting rights (also why this attracts so much attention!), whereas if it were framed such that every beneficial owner with over say 35% of the ownership interest could vote, that would be intrinsically limiting.
My point was that the laws regarding those minimum lot sizes are about buildable lots. Although now that I'm looking into this I think the snag would be trying to record that plot plan, where the Registry would be mechanically looking for a town approval stamp on the plan before they were willing to record it.
But a new avenue has occurred to me that actually saves money on deed costs - nothing prevents multiple corporate entities from jointly owning a piece of real estate on one deed, right? So you could conceivably create one Delaware Series LLC, create an unlimited number of distinct legal entities with that, and then write one deed that lists all of those entities as joint owners of the single piece of real estate. Basically similar to multiple residents living in one house, and each getting a vote (but applied to infinitely scalable corporate entities!)
The fundamental flaw here is the law framing the entity itself as having voting rights (also why this attracts so much attention!), whereas if it were framed such that every beneficial owner with over say 35% of the ownership interest could vote, that would be intrinsically limiting.