What defines a "subdivision" in real estate?

A subdivision in real estate refers to a tract of land that has been divided into smaller parcels or lots for the purposes of development or sale. This process often involves creating individual lots that can be used for residential, commercial, or mixed-use properties, allowing developers or individuals to build homes or businesses on these smaller lots. The creation of a subdivision typically requires compliance with local zoning laws and regulations, which may dictate how the land can be used, the density of development, and other factors.

This definition emphasizes the transformation of a larger parcel into smaller, defined areas that can then be bought, sold, or developed independently, which aligns directly with the concept of a subdivision. This understanding is crucial in real estate as it impacts property rights, development planning, and community layout.