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Real Estate Parcel Consolidation FY 2019 Taxpayer Information Guide City of Boston Assessing Department following information is for taxpayers seeking to consolidate the parcel on which their home

How to fill out real estate parcel consolidation

How to fill out real estate parcel consolidation

1. Gather all relevant documents related to the parcels you wish to consolidate, such as property deeds, surveys, and ownership records.
2. Determine the legal requirements for parcel consolidation in your jurisdiction. This may involve consulting local zoning regulations and contacting the appropriate government agencies.
3. Hire a professional land surveyor to survey the parcels and provide an accurate map of the consolidated property. This will ensure that the new boundaries are properly defined.
4. Prepare a legal document, often called a consolidation plat or a subdivision plan, that outlines the details of the consolidation, including the new property boundaries and any changes to existing structures or utilities.
5. Consult with an attorney or a real estate professional familiar with the parcel consolidation process to review the document and ensure its compliance with local laws and regulations.
6. Submit the consolidation plan to the relevant government agency or department for approval. This may involve paying fees and providing additional supporting documents or evidence of compliance.
7. Once the consolidation is approved, update the official records and deeds to reflect the new consolidated property.
8. Notify any relevant parties, such as neighboring property owners, utility companies, or mortgage lenders, about the consolidation to ensure they are aware of the changes.
9. Keep a copy of the consolidated property documentation, including the consolidation plat and updated deeds, for your records.
10. Consult with a tax professional to understand any tax implications or benefits associated with the consolidation of real estate parcels.

Who needs real estate parcel consolidation?

1. Real estate parcel consolidation may be needed by individuals or organizations who:
2. - Own multiple adjacent parcels of land and wish to combine them into a single, larger property for various reasons, such as increased development potential or easier management.
3. - Want to resolve legal or administrative issues related to fragmented or irregularly shaped parcels by consolidating them into a more unified and easily manageable piece of property.
4. - Wish to simplify property ownership and reduce the administrative burdens, such as tax payments or property maintenance, associated with multiple separate parcels.
5. - Seek to improve the marketability or value of their real estate by creating a larger, more desirable property with better development opportunities or increased access to amenities.
6. - Need to comply with local zoning or land use regulations that require a minimum lot size or other criteria that can be better achieved through parcel consolidation.

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What is real estate parcel consolidation?

Real estate parcel consolidation is the process of combining multiple adjacent parcels of land into one larger parcel.

Who is required to file real estate parcel consolidation?

Property owners or developers who wish to consolidate multiple parcels of land are required to file real estate parcel consolidation.

How to fill out real estate parcel consolidation?

To fill out real estate parcel consolidation, property owners need to submit a formal application to the local zoning or land use department.

What is the purpose of real estate parcel consolidation?

The purpose of real estate parcel consolidation is to simplify land ownership, facilitate development, and potentially increase property value.

What information must be reported on real estate parcel consolidation?

Information such as legal descriptions of the parcels, ownership details, and proposed land use changes must be reported on real estate parcel consolidation.