Maine Real Estate License Practice Exam

Which of the following is considered a lot for municipal subdivision law purposes?

1. Lot held by the subdivider

2. Lot sold to an abutter

3. Lot given to the subdivider's son

4. Lot of 40 acres or more

The correct answer is: Lot held by the subdivider

For municipal subdivision law purposes, a lot is typically defined as a parcel of land that is either intended for development or is being developed. In this context, the lot held by the subdivider is considered a lot because it is directly associated with any subdivision process, meaning it is part of the larger plan that is being developed or overseen by the subdivider. Subdividers are responsible for adhering to local regulations when creating new lots from a larger piece of land. This includes ensuring that the resulting lots meet zoning and other municipal requirements. A lot held by the subdivider is an integral part of that process, as it represents their investment and commitment to the subdivision project. In contrast, while a lot sold to an abutter or given to the subdivider's son may involve transactions regarding property ownership, these scenarios do not inherently relate to a municipal subdivision law context unless they pertain to aspects of the subdivision's planning and development. Furthermore, a lot of 40 acres or more can be too large to be classified as a standard lot under municipal regulations, as many local laws consider smaller, subdividable parcels when referring to lots for the purpose of subdivision law. Thus, identifying the lot held by the subdivider as a lot for municipal law