Land division can be a tedious and lengthy process. As such, people that intend to divide their property must conduct market research to determine the viability of the project. For instance, it would be an ideal choice for people that want to build homes for sale. Large parcels of land are difficult to sell. As such, people with large tracts of land opt to sell the land in smaller plots.
The excerpt below discusses how you can subdivide your land.
Local Council Permits
Check with your local council lands department to know the minimum plot size and the amenities required on each of the subdivided plots. Ask about what licences you need to subdivide the land and how much you will have to pay. Another concern should be the area's zoning regulations. For instance, the laws may prohibit you from conducting a subdivision. They will also determine land use. For example, if the area is zoned for residential use, you cannot sell the plots to people that intend to build office buildings.
A surveyor will help conduct the subdivision. Work with a professional who is not only experienced but also licenced to provide surveying services in your locality. Other than subdividing the land, the professional can also provide consultation services. For instance, he or she can examine the slope and inform you whether the plots will have drainage problems during heavy rains. The surveyor will also follow up with the lands department to ensure each of the plots has a title.
The plots may need access roads, perimeter fences, water and electricity connections. A subdivision contractor will conduct these works. Below are some tips to help you hire a subdivision contractor:
Work with someone who can meet your expectations. The contractor should provide a wide range of services. For instance, you may need preliminary designs to determine how to install driveways, drainage systems or fences on the subdivided plots.
Compare quotes from a few reputable contractors. For large scale works, you could opt to purchase the materials to save on construction costs. Check how much deposit the contractor requires and when you should make the remaining payments. Beware of hidden charges and penalties for late repayments.
3. Terms of Contract
Check the contractor's terms of the contract. For instance, does the contractor provide guarantees on the completed works? How long will the subdivision works take? Will the contractor have subcontractors on-site? Additionally, the contractor should have a general liability cover.
When conducting land subdivisions, consider a market survey, secure relevant permits and work with an experienced surveyor and subdivision contractor.
For help with land division, contact a professional near you.