top of page
frames-for-your-heart-2d4lAQAlbDA-unsplash.jpg

Definition

The process of dividing a piece of land into two or more separate lots, each with its own title. This requires surveying and local council approval (resource consent) in NZ, and each new lot can then be sold or developed independently.")

Construction & Development

Market & Economic Context

Subdivision

Confused by another property jargon?

bottom of page