subdivide

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subdivide

To separate property into smaller parcels for sale or borrowing purposes. People normally think of a subdivision as related to development of a residential area,but the definition is not that restrictive.

Example: A seller wishing to sell only a portion of a parcel of real property may have to apply for subdivision approval before the sale, including assignment of a new tax parcel identification number. Borrowers sometimes subdivide property so that a mortgage will be on only a specific improvement, such as a house, and the land reasonably necessary to support that improvement, rather than have a mortgage encumber more land than is necessary.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
'Later, when a subdivided title is granted and house ownership is secured by a hard title, the interest rate will be dropped to 7.7 per cent.'
The NBK also invited individuals, real estate developers, saccos, investment groups, universities and hospitals to bid for the whole parcel.The church group initially sought a Sh560 million loan to purchase the 202-acre coffee farm that it subsequently subdivided for sale to its members with a quarter acre plot going for Sh1.8 million, a half-acre (S.5million) while a one acre parcel sold for Sh6.9 million in 2012.After the loan deal, the NBK retained the mother title as security awaiting completion of loan repayments but the deal fell through, which saw the NBK move to court seeking to have the entire parcel sold off in May 2014 accusing the group of reneging on its repayment pledge.
For different values of d , the results related to a super ) , ( d a -EAT labeling can be found for w-trees [8], extended w-trees [9, 10], generalized extended w-trees [11, 12] , stars [20], subdivided stars [13, 14, 15, 21, 22, 29], path-like trees [2], caterpillars [17, 18, 25], subdivided caterpillar [16], disjoint union of stars and books [6] and wheels, fans and friendship graphs [24], paths and cycles [23] and complete bipartite graphs [1].
* For e-Posters please note that it should be made in Power Point and subdivided into:
The building can be subdivided to accommodate up to 4 tenants needing space between 28,000 and 33,000 sf and also includes a 3,300 sf speculative office in one of the lease spaces.
1237 to sell up to five subdivided lots to five individuals and still receive long-term capital gain treatment on the sale of these lots.
But the onset of the French Revolution in 1789 redistributed vineyards to regional families, which, subsequently, have been subdivided within families.
As novelist Tom Wolfe wrote in his 1998 novel, A Man in Full: "By the hundred of thousands they had come, from all over Georgia, all over the South, all over America, all over the world, into those subdivided hills and downs and glens and glades beneath the trees, until the population of Greater Atlanta was now more than 3.5 million, and they were still pouring in."
There are also suggested title lists for school media centers, subdivided by elementary, middle, and high school; an extensive list of information resources; and over a dozen lesson plans based on graphic novels.
Eleven subject groups are extensively subdivided. Fiction titles are subdivided into 14 categories such as "Adventure and survival stories" and "Contemporary life and problems," with a new section for graphic novels.
These major divisions are subdivided according to the physical configuration of the mineralization.
Phylogenetic analysis of the HMPV F gene showed the existence of two main groups (A and B) that could be further subdivided into two subgroups (1 and 2; Figure 1).