4 Things You Should Know When Creating A Land Division
Various reasons could prompt you to divide your land. Regardless, land division should be well-thought out, since oversights could cause legal liabilities or devalue the property. Below are some things that you should know about land divisions.
1. Integrate Land Division And Property Functionality
The land division should be consistent with the intended use of the property. For example, if you want to divide the land for agricultural use, you should consider large plots. Smaller plots would be ideal for residential or commercial developments. However, these developments require a lot of amenities to make them functional. For example, water and electrical connections are a must-have. Additionally, the property should have access to the public drainage system or an onsite waste management plant. It should also have access roads and recreational areas for future residents.
2. Consider Market Surveys Before Dividing The Land
Most people divide their land to sell it to developers. If this is your case, you should consider a market survey before dividing the land. The primary benefit of the survey is that it will determine the viability of your project. For example, the survey should inform you of the approximated market value of the subdivided land and the type of customers you will attract.
3. Assess Subdivision Laws In The Area
If you disregard the subdivision laws, it will be difficult to acquire titles for the new land parcels. Below are some pointers to help you assess the subdivision laws:
- What permits do you need? In most Australian states, you will need a planning permit to divide the property. If you meet the conditions outlined in this permit, the local council will issue a statement of compliance.
- What is the minimum allowed plot size? It will help you decide the number of subdivisions you should have.
- When subdividing land in an area zoned for commercial or residential use, you may be required to ensure adequate storm water drainage systems to protect the properties from flooding.
- An access road and necessary amenities such as water, gas, and electricity are needed to ensure the new owners have an easy time settling in their property.
Work With Professionals
Ideally, you should hire a surveyor to conduct the subdivision works. The primary advantage of dealing with a surveyor is that they understand the requirements of subdividing property in your area. Additionally, the surveyor is best suited to follow up with the local council to ensure you secure titles for each of the plots. You will also require a subdivision contractor to install amenities such as fences, access roads, carports, and drainage systems.
When subdividing your land, assess the functionality of the land, consider a market survey, check the subdivision laws and work with professionals.
For more information about land divisions, contact your local authorities.