Subdivision law

In the same way that securities laws were meant to protect investors from losing money in investment schemes, subdivision regulations are meant to protect purchasers from losing money through the purchase of a property in a common interest development that has been improperly managed, fiscally or otherwise.

1. What happens when you subdivide a property?
2. What size property can you subdivide?
3. What classifies a subdivision?

What happens when you subdivide a property?

Subdividing property means dividing it into several parts. Land owners typically subdivide their property into multiple residential units. This usually increases the value of the land. When the land is subdivided into more than one lot, each lot is then sold to one or more buyers.

What size property can you subdivide?

Each proposed vacant lot is required to be a minimum of 600sq metres and anticipated just one house per section. So generally speaking, you'll need to have an existing lot of at least 1200sq metres or larger to subdivide into two.

What classifies a subdivision?

Subdivision is when a parcel of land is divided into two or more parcels with separate legal titles for each parcel. Subdivision includes lot line adjustments and condominiums, both bareland and strata (buildings).