The process of subdividing land and assigning new tax lots in New York can be complex, particularly when it comes to understanding the implications for property taxes.rnrnSubdivision refers to the division of a parcel of land into two or more separate lots. In New York, the process of subdividing land is typically regulated by local municipal authorities, such as planning boards or zoning boards. The subdivision process involves obtaining necessary approvals, complying with zoning regulations, and adhering to specific subdivision requirements set forth by the local municipality.
Reena Gulati Blog
Congratulations! You are purchasing your first home. It's exciting. Maybe you have been waiting for this for a longtime. You have spent several weeks, months, years looking for a house. It's the single most important and maybe the most expensive asset in your portfolio. Now you need to invest your time in getting the right team in place. So you made an offer and it was accepted what next? Here are three steps you must take to protect your most valuable asset.