John Beckett's Real Estate Blog » Plat http://johnwbeckett.com Realty World - Ballard Co., Inc. Wed, 25 Jan 2012 04:55:44 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Weekly Real Estate Terms http://johnwbeckett.com/2010/05/14/weekly-real-estate-terms-3/ http://johnwbeckett.com/2010/05/14/weekly-real-estate-terms-3/#comments Fri, 14 May 2010 23:42:39 +0000 John Beckett http://jbeckett.blogs.rwnetwork.com/?p=371
Example for a plat.
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Today’s terms have to do with Lots:

Key Lot: A lot in such a position that one side is adjacent to the back of other lots. It is considered to be the least desirable of the lots in a subdivision.

Lot Line: A boundary line of a lot as that is identified in a property survey.

Lot Split: The division of an existing small parcel into two separate parcels.

Lot And Block: A method of identifying real property on a recorded subdivision plat that identifies a parcel of land by reference to its lot and block numbers within the subdivision. (Sometimes called a recorded plat.)
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