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Subdivisions are land that is divided into pieces that are easier to sell or otherwise develop, usually via a plat. The former single piece as a whole is then known as a subdivision. Subdivisions may be simple, involving only a single seller and buyer, or complex, involving large tracts of land divided into many smaller parcels. [1]
Subdividing land increases property value by allowing for individual lot sales or development. Successful subdivision requires planning, zoning compliance, approval acquisition, and infrastructure setup. Zoning considerations include lot size, public utility access, and environmental restrictions.
Subdivision refers to the act of dividing large areas of land into areas that are easier to develop and subsequently sell as well as to the completed area itself. A housing subdivision is also commonly known as a plat.
A subdivision is a plot of land that’s been split into multiple parcels (or plats) meant for individual ownership. Typically, a landowner or developer will subdivide a property to maximize its income potential.
Minor subdivisions allow subdividers to create value without the overly restrictive requirements from the municipality, without requiring lots of money for infrastructure improvements, and without significant risk.
The twin subdivisions are expected to include 355 single-family lots ranging from 6,000 to 12,000 square feet, with 140 lots exceeding 10,000 square feet. ...
Subdivisions are planned communities. They’re typically developed by a single builder or development company and are characterized by a cohesive design, with homes sharing similar architectural styles and landscaping.
general, non-legal definition of a residential subdivision is: the division of a larger parcel of land into smaller lots for the purpose of providing home sites. There are different types of residential developments; for example, single family detached or attached homes, multifamily, apartments, duplexes, triplexes, townhouses or condominiums.
In North Carolina the answers are primarily found in the municipal and county subdivision enabling statutes (G.S. 160A-376, municipal; G.S. 153A-335, county). These statutes govern the coverage of city and county subdivision ordinances by defining the term “subdivision” for regulatory purposes.
Simply put, a subdivision is an act of splitting one parcel of land into multiple lots. It’s a common practice in property development that allows you to convert a plot of land to two or more. When you subdivide the land, each new lot has its own property record entries.