Definition: to segment large, acquired tracts of real property in order to create small tracts for the purpose of resale
Pronunciation: \ˌsəb-də-ˈvīd\
Used in a Sentence: The developer decided to subdivide the property into smaller lots in order to get a greater return on his investment.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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