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Abington Township AgendaPacket Board of Commissioners Regular Public Meeting 2026-05-28

Trusted Land Transfer Selected for Township Property Closing

$3,014,294.75 (estimated closing disbursement including $3,000,000 purchase price and approximately $14,294.75 in closing, title, and recording costs)Abington Township Industrial And Commercial Development AuthoritTRUSTED LAND TRANSFER LLCMay 27, 2026

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Abington Township will engage Trusted Land Transfer LLC to provide settlement, title, and escrow services for its $3,000,000 acquisition of Abington Memorial Hospital properties. The buyer’s closing statement estimates total disbursements of $3,014,294.75, including title insurance, recording fees, and settlement charges.

Contract Details

Contract Amount

$3,014,294.75 (estimated closing disbursement including $3,000,000 purchase price and approximately $14,294.75 in closing, title, and recording costs)

Vendor

TRUSTED LAND TRANSFER LLC

Agency

Abington Township Industrial And Commercial Development Authorit, PA

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 27, 2026

Contract Term

Single real estate closing associated with acquisition of 1177, 1169, 1159, 1165 Old York Road and 1874 Horace Avenue

Renewal Date

2026-07-30

Renewal Info

Engagement is for a single property acquisition closing and does not include renewal terms; any future transactions would require separate authorization.

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