27.7k views
1 vote
what is the maximum number of lots in a subdivision a person may own and sell without having to apply for a public report if they only wanted to sell one lot?

1 Answer

4 votes

Final answer:

The maximum number of lots one may sell in a subdivision without a public report varies by jurisdiction, but typically the sale of a single lot doesn't require one. Always consult local regulations to confirm the specific limit in your area.

Step-by-step explanation:

The specifics of subdivision regulations can vary by jurisdiction. However, in general, a public report is often required for the sale of multiple lots in a subdivision to protect consumers by proving that the subdivision complies with various regulations.

These regulations may include guidelines for minimum lot area, the number of buildings on a lot, and restrictions on types of residential buildings such as single-family homes or multi-family dwellings.

In some cases, these laws might allow for a small number of lots to be sold without the necessity of a public report, particularly if it's just a single lot, as the regulations mainly target developers selling multiple lots. It's important to consult with local authorities or professional advice to understand the specific threshold at which a public report becomes necessary in your area because these can differ greatly.

User Sumo
by
8.9k points