Subdivide definition

Subdivide means to divide, apportion, consolidate or subdivide the Land, or the ownership or right to possession or occupation of the Land into two or more lots, strata lots, parcels, parts, portions or shares, whether by plan, descriptive words or otherwise, under the Land Title Act, the Strata Property Act, or otherwise, and includes the creation, conversion, organization or development of “cooperative units” or “shared interests in land” as defined in the Real Estate Act;
Subdivide or "subdivision" means the partitioning or splitting of a parcel or tract of land by the proprietor thereof or by his or her heirs, executors, administrators, legal representatives, successors, or assigns for the purpose of sale, or lease of more than 1 year, or of building development that results in 1 or more parcels of less than 40 acres or the equivalent, and that is not exempted from the platting requirements of this act by sections 108 and 109. "Subdivide" or "subdivision" does not include a property transfer between 2 or more adjacent parcels, if the property taken from 1 parcel is added to an adjacent parcel; and any resulting
Subdivide means to divide, apportion, consolidate or subdivide the Lands or any building on the Lands, or the ownership or right to possession or occupation of the Lands or any building on the Lands, into two or more lots, strata lots, parcels, parts, portions or shares, whether by plan, descriptive words or otherwise, under the Land Title Act, the Strata Property Act, or otherwise, and includes the creation, conversion, organization or development of “cooperative interests” or a “shared interest in land” as defined in the Real Estate Development Marketing Act (British Columbia);

Examples of Subdivide in a sentence

  • Subdivide lump sum payments for Basic Services to indicate extent of services thusfar provided, prior payments, and balance due.

  • Subdivide any Individual Property other than with respect to Unimproved Parcels in accordance with the terms of this Agreement or otherwise with the prior consent of Lender which consent shall not be unreasonably withheld, conditioned or delayed.

  • The Owner must not, without the prior approval of the City Council, Subdivide the Lands or stratify a building containing a Dwelling Unit or transfer an interest in land to a Dwelling Unit to any other person.

  • Payment For Basic Services: Subdivide lump sum payments for Basic Services to indicate the extent of services thus far provided, the prior payments, and the balance due.

  • Subdivide, combine, aggregate in any way or reclassify any shares of its capital stock or redeem or repurchase any shares of such capital stock, except pursuant to the terms of any option agreement entered into pursuant to the Stock Option Plan prior to the date hereof and included in the options disclosed herein.


More Definitions of Subdivide

Subdivide means to divide, apportion, consolidate, or subdivide the Land, or the ownership or right to possession or occupation of the Land into two or more lots, strata lots, parcels, parts, portions or shares, whether by plan, descriptive words or otherwise, under the Land Title Act, the Strata Property Act, or otherwise, and includes the creation, conversion, organization, or development of “cooperative units” or “shared interests in land” as defined in the Real Estate Development Marketing Act;
Subdivide means to divide a surface area of land into a subdivision;
Subdivide or "Subdivision" means:
Subdivide land means divide land into parts.
Subdivide means to divide the surface area of land into lots intended primarily for residential use.
Subdivide means the division of land into two or more portions;
Subdivide means the act or process of creating a subdivision. “Street” A thoroughfare which has been dedicated or abandoned to the public and accepted by proper public authority, or a thoroughfare not less than twenty-six (26) feet wide which has been made public by right of use and which affords the principal access to abutting property.