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“Today’s filing will allow us to conduct due diligence relative to the viability of our existing property.“We are looking at the potential of a new building for the sole purpose of housing our staff in one place.” The PGA Tour moved from Washington in the late 1970s with three employees who took one house in the Players Club development, Sabia said.Likewise, if a property owner acquires multiple lots of land and wants to develop these lots into a larger facility (for example, a resort, a campground or simply private acreage), the owner would need a lot consolidation plat in order to do so.
The glossary is intended to provide real estate professionals and home buyers with a basic understanding of various specialized terms related to legal rights over a property. We do not take responsibility for the legal accuracy of the definitions provided and ask that use of these explanations in a legal setting be made only after checking with a lawyer or another specialist in the field.
If approved, the consolidation plat effectively marks the new legal boundary for the consolidated piece of land.
One of the benefits of doing a consolidation plat is that in many cases the survey will uncover and correct errors in older plat maps.
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Our property portfolio and loan book is growing and the accounting infrastructure we have created allows me to focus on future business.