When it comes to purchasing or selling land, understanding the different land divisions is crucial. Knowing the different types of land divisions and their intended purposes is important for choosing the right property for your needs. In this guide, we will dive into the world of land divisions and explain everything you need to know to make an informed decision.
Subdivisions are probably the most common form of land division. They are created by dividing a large piece of land into smaller, more manageable sections that can be sold or developed. Subdivisions are often used for residential development, such as creating neighbourhoods or housing developments. Subdivisions can also be used for commercial development, such as creating shopping centres or industrial parks.
A lot split is a land division in which a larger parcel of land is divided into smaller parcels. Typically, a lot split is used when a property owner wants to sell off a piece of their land without dividing the property into multiple lots. Lot splits are often used for residential development, such as creating additional homes in an established neighbourhood.
A parcel map is a type of land division that is used to create individual lots on a large piece of land. It is often used when there is an existing building or structure on the land, such as a commercial building or an industrial site. A parcel map allows the owner to divide the land into individual lots, which can then be sold or developed.
A cluster subdivision is a type of land division that is used to protect open space and environmentally sensitive areas. It is often used for residential development and involves clustering homes closely together, leaving large areas of open space for parks, trails or other public amenities. Cluster subdivisions are a great option for developers who want to preserve natural features like wetlands or forests while still providing housing options.
Planned Unit Development
A planned unit development (PUD) is a type of land division that is used for mixed-use development projects. PUDs typically include a combination of residential and commercial developments and are often designed to create a community-like atmosphere. PUDs can be used for a wide range of development projects, including shopping centres, housing developments and industrial parks.
Understanding the different types of land divisions is essential when it comes to buying or selling land. Each type of land division comes with its own set of rules and regulations, and it's important to understand these to make informed decisions. Whether you're a developer looking for new opportunities or a homeowner looking for the perfect property, knowing your options when it comes to land divisions is crucial. For more information about land divisions, reach out to a local service.