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In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.
Greenfield land is a British English term [1] [2] referring to undeveloped land [3] in an urban or rural area either used for agriculture or landscape design, or left to evolve naturally. These areas of land are usually agricultural or amenity properties being considered for urban development .
The term sales refers to the exchange of property for an agreed price. The combination of the three words rural land sales is commonly used in real estate when referring to the sale or acquisition of just land located in these rural areas, not usually classified as real property, since it does not contain a home, or other type of buildings.
The lot and block survey system is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs. It is sometimes referred to as the recorded plat survey system or the recorded map survey system .
Land development is the alteration of landscape in any number of ways such as: Changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing; Subdividing real estate into lots, typically for the purpose of building homes
Infill residential development does not require the subdivision of greenfield land, natural areas, or prime agricultural land, but it usually reduces green space. In some cases of residential infill, existing infrastructure may need expansion to provide enough utilities and other services: increased electrical and water usage, additional sewage ...
Jul. 1—A local buyer paid $4 million last week for 44 acres of open Med City land once marked as the heart of a proposed "New Urbanism" development. Outlot A 65th Street LLC purchased the three ...
Attached to this definition was the following footnote: for the purpose of sale or of building development: Every division of a piece of land into two or more lots, parcels or parts is, of course, a subdivision. The intention is to cover all subdivision of land where the immediate or ultimate purpose is that of selling the lots or building on them.