Land Subdivision: Making Sense Of A Complicated Process

Many individuals ask me concerning the land subdivision process. Land Subdivision is a very complicated process and never very simply explained. Regulations differ by authorities jurisdiction and the process can be lengthy.

I might usually define land subdivision as "any parcel of land that's divided into heaps, parcels or fractional interests that exceed a pre-described amount." Nevertheless, this definition, when considered alone, is insufficient. There are many variations between cities, counties and particular person states within the necessities for land subdivision that have to be considered. Accordingly, knowledge of local practices, as well as relevant statutory requirements, is crucial to the proper understanding of subdivision law.

The following dialogue of the land subdivision process is meant only as a basic guide. Not only are there differing rules and laws depending on the government jurisdiction, there are numerous exceptions to these rules that can be very difficult, so just be sure you check with your state and native governments.

Preparation

Careful element is required during the preparation process. The developer prepares a plat map and every other supporting documentation which may be required by the assorted governmental agencies involved. These necessities are normally included in an software for a subdivision public report.

These paperwork are then submitted to any number of businesses for his or her approval. One or more of those governmental agencies may set up particular necessities for the subdivision as a complete, and might also specify sure necessities for all (or any given number) of the person parcels within a subdivision.

Depending on the project and the regulatory environment surrounding the land subdivision, a developer will want approval from many government departments and agencies.

In addition, there are a substantial number of execs that should be concerned within the land subdivision process. Because of the time and prices concerned, the developer needs to closely monitor the project and hire the appropriate professionals.

Approval Process

Upon company approval, the plat map is usually recorded with the County Recorder. The Tax Assessor is then supplied with the necessary legal authority to demand maps, drawings and papers pertinent to such property.

When ample information is acquired, the Assessor prepares a map to accurately reflect the new land subdivision, assigns every lot a parcel number, and sets up the county subdivision file.

Usually the State Division of Real Estate reviews all submitted information and may perform an inspection of the subdivision. If the application submitted is set to be complete and Subdividing Adelaide is found to be settle forable, a public report on the subdivision could also be issued and the developer could proceed with sales activities.

Summary

The land subdivision process may be very complex. It will also be very risky and might require a significant monetary investment. Project timing can range relying on the state. The process will be as short as a number of months however can be as prolonged as several years in tough regulatory markets.

If there are two things I would advocate it is to coach yourself on the process and get started early. And one different thing - plan for surprises, they are virtually positive to take place.