What is Subdividing Property
Автор: ConveyancingX
Загружено: 2021-12-12
Просмотров: 432
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Subdividing land is the process of splitting a parcel of land into multiple, smaller parcels, each which then get their own individual titles. Property owners commonly subdivide their land if they build multiple units or wish to sell of their back yard for development by a purchaser, however, subdivisions can also relate to the airspace above land, for example in multi-storey developments or in commercial situations where it may be beneficial to sell or lease the rooftop or airspace for telecommunication towers.
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