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  1. Property owners pursue parcel splits for various reasons, including: Development: Subdividing a larger property into smaller lots to build multiple residences or commercial structures. Inheritance Planning: Passing down portions of a property to heirs while maintaining ownership of the remaining land.

  2. 3 days ago · You have to go through the formal process to actually do it.”. 1. Research Local Zoning Laws and Subdivision Regulations. The first step is to do your due diligence by researching the zoning and subdivision laws that apply to your property. These are the restrictions that you must follow when subdividing your property.

  3. Property owners often pursue parcel splits for various reasons, including: Development: Subdividing a larger parcel into smaller lots to accommodate multiple residences or commercial structures. Inheritance: Passing down portions of a property to heirs while maintaining ownership of the remaining land.

  4. Parcel splits and lot line adjustments are critical processes in real estate law that enable property owners and developers to maximize the use of their land, create new lots, and resolve boundary issues.

  5. Oct 11, 2023 · It’s essential to understand property lines for several reasons: Ownership rights : Property lines define boundaries and what land owners are responsible for maintaining. Dispute prevention : Property lines provide a clear reference point for determining where one person's property ends and the next one begins.

  6. Jan 19, 2020 · A subdivision is taking one tract or piece of land and dividing it into two or more tracts of land. A subdivision could involve tracts of land that range in size from hundreds of square feet to hundreds of acres. A subdivision can also only involve one new tract—or it could mean hundreds of new tracts. Legally, however, the definition of a ...

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  8. 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.