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The terms lot and parcel are often used interchangeably, but they have different meanings. [1] A parcel is an identification for taxation purposes, while a lot is a recognized subdivision of property with a written legal description that addresses permissions or constraints upon its development. It is possible for a parcel to have more than one ...
a description of the map's place of official recording (e.g., recorded in the files of the County Engineer). The legal description of a 2.5-acre (10,000 m 2) property under the Lot and Block system may be something like; Lot 5 of Block 2 of the South Subdivision plat as recorded in Map Book 21, Page 33 at the Recorder of Deeds.
A land parcel or cadastral parcel is defined as "a continuous area, or more appropriately volume, that is identified by a unique set of homogeneous property rights". [3] Cadastral surveys document the boundaries of land ownership, by the production of documents, diagrams, sketches, plans (plats in the US), charts, and maps. They were originally ...
This 1988 BLM map depicts the principal meridians and baselines used for surveying states (colored) in the Public Land Survey System. The Public Land Survey System (PLSS) is the surveying method developed and used in the United States to plat, or divide, real property for sale and settling.
In these municipalities, a geographic index is often created to aid in title searching. In this system, each document is posted in both a Grantor and Grantee index in addition to being posted to indexes describing attributes of the property's location such as a lot number, subdivision name or Parcel Identification Number (PIN).
The surveyor would also obtain copies of deed descriptions and maps of the adjoining properties, any records from the municipality or county, utility maps, and any records of surveys. Depending on which region the survey is located in, records may be incomplete or difficult to find. A thorough search is important so that no records are overlooked.
Other names associated with parcel maps are: land maps, tax maps, real estate maps, landowner maps, lot and block survey system and land survey maps. Parcel maps, unlike any other public real estate record, have no federal, state or municipal oversight with their development. [citation needed]
Subdivision is also used for existing lot line adjustments. Notwithstanding a few exceptional circumstances, subdivision approval and endorsement by the local municipality must always be received before the subdivision can be registered at the Land Titles Office and titles issued (including bare land condominiums).
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