10 Questions to Ask Before
Trying to Divide Vacant Land
1. Will the proposed division require a public hearing?
2. Will the jurisdiction require a stake survey?
3. How many months will it take to receive the subdivision approval?
4. How does a property owner get on the agenda for the next planning board meeting?
5. What are the minimum lot requirements? Should you try to divide smaller, with the ability to reverse split later?
6. Are utilities available for the land?
7. What type of well and septic or city water and sewer is available?
8. What is the building envelope (or area) allowed on the proposed lots before and after any split or subdivision?
9. Will the subdivision increase or decrease your overall property use and value?
10. What roadway rights or right-of-way are available to the property?
We lend on vacant land, up to 90% LTV, and 50 acres…
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