Subdivider
A subdivider buys large tracts of land wholesale and sells smaller parcels retail, facilitating residential and commercial development and investment.
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Definition
A subdivider is one who buys land wholesale and sells it retail.
Purpose
The purpose of a subdivider is to divide large tracts of land into smaller parcels for sale, development, and investment, facilitating the growth of residential and commercial areas.
Examples of Use
- Real estate developers act as subdividers by purchasing large plots of land, subdividing them, and selling individual lots to builders.
- Agricultural land may be subdivided into smaller plots for residential development.
- Urban planners work with subdividers to create new neighborhoods and commercial districts.
Related Terms
- Developer: A person or company that prepares land for construction and develops real estate projects.
- Zoning: The process of dividing land into zones for different uses, such as residential, commercial, or industrial.
- Plot: A parcel of land intended for development.
Notes
Subdividers play a crucial role in real estate development, contributing to the creation and expansion of communities and commercial areas.
Related Terms
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