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A common form of ownership of a plot is called fee simple in some countries. A small area of land that is empty except for a paved surface or similar improvement, typically all used for the same purpose or in the same state is also often called a plot. [1] Examples are a paved car park or a cultivated garden plot. This article covers plots ...
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
At various times, Gallagher has specialised in buying and preparing land plots for residential and commercial development, as well as investing directly in retail parks. [2] In February 2017, London & Quadrant, a housing association, completed a deal to buy the private land company Gallagher Estates for £505 million. [3]
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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.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Single-family (home, house, or dwelling) means that the building is usually occupied by just one household or family and consists of just one dwelling unit or suite. In some jurisdictions, allowances are made for basement suites or accessory dwelling units without changing the description from "single-family".
A plat map that shows the location of a lot for sale. In the United States, a plat (/ p l æ t / [1] or / p l ɑː t /) [2] (plan) is a cadastral map, drawn to scale, showing the divisions of a piece of land.
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