What is meant by "subdivision" in real estate?

Subdivision in real estate refers specifically to the process of dividing a larger parcel of land into smaller lots or parcels, which can then be developed or sold individually. This process is fundamental in urban planning and development, as it allows for organized development of residential, commercial, or mixed-use projects.

When landowners or developers subdivide land, they often have to comply with various zoning laws and regulations, which are intended to ensure that the land is used appropriately and developed in a way that supports the surrounding community's needs. Once the land is subdivided, the new parcels can be sold to different buyers who may then build their own structures or utilize the land for other purposes.

The options regarding the construction of homes, real estate investment trusts, and selling properties to syndicates do not define subdivision. They cover different aspects of real estate development and investment, but do not accurately depict the process of land division that characterizes subdivision.