A lot split is requested by someone who wants to take an existing lot or lots and create two or more “new” lots, hence “splitting” the lot.
What type of property can be split?
A residential, commercial or industrial property may be split. This includes property that is either a part of an existing recorded subdivision or a tract of land.
Services received when ordering a Lot Split Plat
- A boundary survey is performed on the property based on the legal description provided by the client, such as a current deed.
- The owner of a property will then identify the location of the “new” line that splits the lot. The “new” lots must meet all planning and zoning requirements regarding lot size and frontage.
- After being approved by the municipality or county, the surveyor will create a preliminary Lot Split Plat. Once all parties agree on the split (owner, lien holder, planning and zoning, etc.), a final version of the plat is created.
- The surveyor will set new survey monuments to denote the new property corners. The final plat has to be signed by the current owner, lien holder (if there is a current note owed on the property) and proper municipal representatives.
- Once the plat is recorded, new property descriptions are then provided to the property owner. An attorney or title company can then create and file the new deeds for the new properties created.
Lot Split Timelines
A Lot Split may take a few weeks to several months to complete. The initial field work and plat preparation can take 2-4 weeks. Depending upon planning and zoning requirements, the property owner may be required to attend a meeting to present the request, which can take an additional 1-2 months. Obtaining the final signatures is the final step, and depending upon if your lien holder is local or not can take several days to several weeks.
Information provided should not be considered legal advice and all buyers, agents and title companies should consult their attorneys for legal advice.