Development & Construction, plat maps Flashcards
(8 cards)
What are the three phases of development and construction?
- Land acquisition
- subdividing and development
- recording the subdivision plat map
What is involved in land acquisition?
Developer seeks approval for the proposed project from the local municipality and incurs costs for engineering plans, attorney fees, surveys, and application fees
What is subdividing?
Subdividing is the process of converting parcels of land into smaller units
What is development?
Development is the process of improving raw land
To protect consumers, most local governments require that developers submit a ___ __ ___ of a new development
Subdivision plat map
What is a subdivision plat map?
An engineer’s plan for land use, superimposed on a map of the land to be developed
What do plat maps indicate?
The size and location of individual lots, streets, and public utilities, including water and sewer lines
What is the dedication of land?
When developer has streets, sidewalks, and other improvements that are not sold to private individuals and dedicated to the local municipality instead