Multiple remainder parcels?
Posted: Wed Mar 17, 2021 9:44 am
Hello fellow surveyors,
Civil engineer/developer has proposed a phased map to redevelop a property where we're trying to re-subdivide 5 existing parcels into 3 new parcels and the rest being 4 remainders. The 4 remainders would basically be 4 leftover pieces from 4 of the existing parcels we're starting with. My understanding is that the reason for multiple remainder parcels would be the different ownership of the existing parcels.
Has anyone heard of multiple remainder parcels on a map? or even one remainder with multiple pieces that are not contiguous for that matter?
Is something like that doable/legal?
Thanks for any insight,
Chris C
Civil engineer/developer has proposed a phased map to redevelop a property where we're trying to re-subdivide 5 existing parcels into 3 new parcels and the rest being 4 remainders. The 4 remainders would basically be 4 leftover pieces from 4 of the existing parcels we're starting with. My understanding is that the reason for multiple remainder parcels would be the different ownership of the existing parcels.
Has anyone heard of multiple remainder parcels on a map? or even one remainder with multiple pieces that are not contiguous for that matter?
Is something like that doable/legal?
Thanks for any insight,
Chris C