Business / Real Estate / Subdivision: Any land that is divided or is proposed to be divided for the purpose of disposition into two or more lots, parcels, units or interests. Subdivision refers to any land, whether contiguous or not, if two or more lots, parcels, units or interests are offered as part of a common promotional plan of advertising and sale.
Business / Real Estate / Subdivision Map Act: An act providing for local control of subdivisions. Cities and counties are required to adopt an ordinance to regulate subdivisions. MORE
Business / Real Estate / Common Interest Subdivision: A subdivision in which the owners own or lease a separate lot or unit together with an undivided interest in the common areas of the subdivision. MORE