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Summary: Cost to Subdivide Your Land Local fees will cost between $500 and $1,500 to split a property into two. It will cost $2,000 to $10,000 for more than two lots. In addition, a surveyor will charge between $500 and $2000 for a mid-size property to be surveyed and platted.
Splitting title deeds is a great way to make the most of your property assets and increase your property portfolio. Title splits come in many forms, but the most common is to buy a single property or plot and then divide it up.
Subdividing property means dividing it into several parts. landowners typically subdivide their property into multiple residential units. This usually increases the value of the land. When the land is subdivided into more than one lot, each lot is then sold to one or more buyers.
In order to split a freehold title, an application needs to be filed to the Land Registry explaining why you wish to split the title. There is no guarantee that your application will be successful as the Land Registry will only split the title if they deem it to be necessary.
On average, budget about $500 to $1,500 to subdivide one property into two. Plan to spend more like $2,000 to $10,000 to divide your property into more than two lots. Most surveyors charge by the hour, although some have flat fees.
If you plan to split your land, it's best to create a rough draft of how the property will be divided. Draw an outline to represent the land parcel that is being split. Then draw division lines on the parcel to represent how it will be divided.
Subdividing property means dividing it into several parts. landowners typically subdivide their property into multiple residential units. When the land is subdivided into more than one lot, each lot is then sold to one or more buyers. This is more profitable than keeping the property as one residential unit.
Total processing of a split, resulting from a recorded deed, on average takes 8 12 weeks. Split requests and new parcel activation during the months of July, August and early September may take up to 10 – 14 weeks to complete. Both on the Maps (Parcel Viewer) page and the Assessor's main web page.
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