What is the process of subdividing land also referred to as?

The process of subdividing land is referred to as platting. This term specifically describes the process of creating a plat or map that outlines the layout of a subdivision, which includes dividing larger parcels of land into smaller lots for development. Platting is essential in the planning and zoning stages of real estate development, as it ensures that each new parcel complies with local regulations and zoning laws. It helps establish the boundaries and legal descriptions of the new lots, making it a critical step in turning raw land into usable residential or commercial properties.

In contrast, leasing pertains to granting temporary possession or use of property in exchange for rent, which is unrelated to the subdivision of land. Parceling, while it may seem similar, typically refers to the act of creating smaller lots from a larger parcel but is not as specific as platting, which encompasses the formal process required for regulatory approval. Development is a broader term that includes the entire process of planning, design, construction, and market readiness of real estate projects, which could use platting as one of its components but is not itself synonymous with the subdivision of land.