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I. Defining Parcel Splits. A parcel split, also referred to as a land division or property split, is the legal process of dividing a single property into two or more separate parcels. Property owners pursue parcel splits for various reasons, including: Development: Subdividing a larger property into smaller lots to build multiple residences or ...
Property ownership and land use are integral components of real estate law, and in many instances, property owners seek to divide or adjust their land parcels to meet various needs and goals. Parcel splits and lot line adjustments are legal processes that allow property owners to modify the boundaries of their land holdings.
Oct 11, 2023 · That being said, the following steps are a great place to start: 1. Talk to your neighbor. The first step in handling property line encroachments is to initiate open and respectful communication with your neighbor. Reach out to them in a friendly manner, express your concerns, and listen to their perspective.
Property owners typically pursue lot line adjustments for reasons such as: Boundary Disputes: Resolving boundary disputes with neighbors by ensuring that property lines are accurately defined. Easement Creation or Modification: Creating or modifying easements for access, utilities, or other purposes without subdividing the land.
Nov 30, 2023 · Splitting a property into two parcels is a strategic decision that property owners may consider for various reasons, including the potential for increased property value, better land utilization, or the intention to sell a portion of the land. This process, however, is intricate and demands a comprehensive understanding of local zoning laws ...
Apr 27, 2021 · If an individual does not have a copy of their boundary lines, they can have a plat survey done. Any survey of a property is entered into public records and is filed with the local assessor’s office. On average, the cost to redraw property lines is between $800 and $1,200.
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Sep 25, 2023 · Understanding the Key Differences. At their core, the key differences between easements and deeds lie in the extent of control and rights they convey: Control: Easements grant specific rights without transferring ownership or control. Deeds, on the other hand, confer complete ownership and control over the property.
