Posted on: 7 December 2020
The process of subdivision is an involving one, which is why you need a qualified expert to guide you through every step. The process carries significant implications, both legal and financial, and you need to make sure you get it right.
Before you begin your subdivision application, here is a rundown of what you should do and know.
1. Conduct Market Research
Do not assume that subdivision for the purpose of property development will always translate into a profit. Research the local market and find out whether there is enough demand for the project that you have in mind.
Find out which properties are selling well in your area and what kind of profit margin you can expect from such a project. This research will help you determine the feasibility of your plans and, therefore, whether or not to go ahead with your subdivision plans.
2. Know Your Zoning Laws
What are the zoning requirements and laws that apply to your property? Zoning laws and policies vary from one municipality to the next and will determine your property's subdivision potential.
The policies set out by your local council will, for example, define the minimum lot size. This is to say that if your property and proposed lots do not meet these requirements, your application is likely not to be approved.
3. Get a Survey
A land survey conducted by a licensed surveyor is one of the most important things you can do before making your application for subdivision. The expert will review the shape and slope of your property, among other topographical considerations that will affect your property's subdivision potential.
A land survey will also look at boundary configurations and how much land you are working with to ensure that your proposed lots meet the zoning requirements on lot size. The surveyor will also investigate any easements that may impact your subdivision plans.
If you have an electricity or gas line running under your property, the relevant utility company will more than likely have an easement for access to the lines. In this case, you need to ensure that your development plans do not infringe on this easement.
Applying for Subdivision
With feasibility reports from your market research, an understanding of the zoning laws and a comprehensive land survey, your land surveyor can then go ahead and prepare subdivision plans and apply for a planning permit to subdivide. If everything is in order, your council should approve and issue your planning permit.Share