PARCELATION Meaning and
Definition
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Parcelation is a noun that refers to the act of dividing or partitioning land or property into smaller parts or parcels. It involves the process of splitting an existing piece of land into distinct portions, often for the purpose of selling or distributing them separately. This division can be carried out in various ways, such as physically demarcating boundaries, creating legal documents, or obtaining official approvals.
Parcelation can occur for several reasons, such as urban development, inheritance, or land speculation. In urban areas, governments or developers may engage in parcelation to establish new residential or commercial zones, resulting in the transformation of larger tracts of land into individual lots or plots. In inheritance cases, parcelation may be necessary when an estate is divided among multiple beneficiaries, allowing each recipient to own their portion of the inherited property separately. Moreover, land speculators may buy large tracts of land with the intention of dividing them into smaller parcels for profit.
The process of parcelation often involves surveying and land measurements to ensure accurate boundary demarcation. Additionally, legal procedures may be required to obtain the necessary permits and approvals from relevant authorities. These processes aim to ensure that the division of land is fair, transparent, and legally valid. Parcelation plays a crucial role in managing land resources, facilitating urban growth, and enabling property transactions.
Etymology of PARCELATION
The word "parcelation" has its roots in the Latin term "pars" meaning "part" or "piece". It is derived from the verb "parcere", which means "to split" or "to divide". The suffix "-ation" in English is used to form nouns from verbs, indicating the action or result of the verb. Hence, "parcelation" refers to the act or process of dividing or splitting something into parts or parcels.
