One who partitions a tract of land for the purpose of selling the individual plots. If a structure is built, the subdivider becomes a developer.
Subdivider
| Business Dictionary: Subdivider |
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| Real Estate Dictionary: Subdivider |
One who partitions a Tract of land for the purpose of selling the individual plots. If the land is improved in any way, the subdivider becomes a Developer.
Example: Olsen, a subdivider, purchases a 100-acre tract of land. The tract is subdivided into 5-acre plots that are marketed to investors and developers.
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
