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Subdivision refers to dividing one piece of land into smaller parts.
Subdivision refers to dividing one piece of land into smaller parts. This is often done in property development to create multiple separate lots from one larger piece of land. Each of these new lots gets its own property record.
A subdivision is usually seen when a property developer purchases a large plot of land and divides it into smaller lots for building houses. Here, the developer would typically divide the land into individual lots for building single-family homes or townhouses.
Each of these lots becomes a separate property with its own address and ownership, allowing different families to purchase and live on their own piece of land within the larger development.
A subdivision certificate is needed when you want to divide a piece of land into smaller lots and create new land titles for each of those lots. You can typically obtain a subdivision certificate from the relevant local government authority or planning department in your area.
Compare your property to recent sales in the area to get a current market estimate.
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