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What is a property subdivision?
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.
In a nutshell, subdivision refers to the process of dividing (or subdividing) a larger parcel of land (Erf) into smaller individual lots or plots (Erven). The goal of property subdivision is to create separate and distinct legal titles for each of the divided portions.
Mar 25, 2021 · Subdividing property involves dividing land into smaller plots for development or sale. Zoning laws, infrastructure considerations, and local regulations play pivotal roles. Diligent research and adherence to legal requirements are essential for successful and compliant property subdivision.
Dec 3, 2018 · Many buyers now consider subdividing as an option as it allows you to enjoy the benefits of positively geared property. It’s also an easy way to gain large amounts of equity, and you could be eligible for stamp duty concessions.
- Emily Felton
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 ...
Sep 3, 2024 · 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 means dividing your property into two or more lots. To do this, you could: Subdivide your land and sell the new lot for someone else to develop. Build a house on the newly-created lot, which you could later sell or rent out. Demolish your existing home and build three or four townhouses.
