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Florida Online Information Links

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Pamela Crowley (Florida)

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robertsc99

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"orphaned tract"

I thought your links might help me but they don't. I've looked everywhere I can think of to find out what an "orphaned tract" is. Everyone I've asked has an opinion, mostly different. I can't find it in any dictionary. I think it means that title has been abandoned, or that it's a nonconforming parcel created by,for example, a new right of way, but can't confirm either one. Where can I find an accepted legal definition of the term "orphaned tract"?
 

Meandering

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Black's Law Dictionary
 

Meandering

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orphan lot
A subdivision lot that is unbuildable at the current market value of homes (for some reason or another).The lot may be too steep and site work too expensive for current development. Or the lot could have a power line easement crossing the middle, with overhead lines, so that no structure can ever be built under the lines. As land and home values increase, investors search for orphan lots that may become economically viable under new market conditions.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.

http://financial-dictionary.thefreedictionary.com/orphan+lot
 

Ken B

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Florida
Good job Marion.

While I could not provide a link, it has been my understanding that an orphan lot is simply a parcel of land which can not be developed, generally due to physical limitations.
 
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