Property without an APN due to non-finaled lot split

[TerryRohrer]

Dont do it as a Submitted Lot Split is nothing but an application and along with that application comes a list given to the Potential lot splitter what will lay out all required engineering-surveys etc. Right now they have nothing as we have submitted many lot splits over the years that were denied or had to be modified . The need civil engineer-a surveyor to do all preliminary work to determine its even feasible and what the final dimensions will be. It will only be a lot split after is been approved and then it will convert from a tentative parcel map and from a conceptual approval by the City's Planning Commission into a legal subdivision of land.

And there is no volume of EAs that will cover your tail with all those holes in your story.

 

[glenn walker]

And there is no volume of EAs that will cover your tail with all those holes in your story.

When we owned land office and worked with developers and builders and some ones where shady . A common trick was to apply for a application for a lot split or a subdivision and they get an architect to draw some renderings including the Proposed new lot or lots and then submit those to the City-County Planning Departments. Now they would list the property and they would ask us to also tell a potential buyer that a lot split could be done or a small subdivision built and many newbys had no idea a Tentative Plat Map had no value at all unless it could be finaled. Many crooks would sell a house on a large parcel and include the proposed tentative lot split or subdivision to a gullible buyer and even try to get an appraiser to value it to inflate the price of the property . Some where also just stupid and had no idea their Tentative lot split and plat map would never be approved as they needed a easements or setbacks-slope easements as there are many potential landmines a novice can fall prey to.. Now most Developers and Builders always make a purchase subject to a final approved and delivered lot split or subdivision . Yes EAs can be made but even if I was going to use one I would need many things these people have not provided. I am running from this assignment not walking.

 

[jay trotta]

Assignment is a purchase transaction of a lot and improvements. Subject lot is the result of a lot split not yet final by the county. No APN, no lot dimensions/area, no legal description, no info specific to the subject site separate from the "mother" lot from which it is being split. Client is of no help, title is of no help, agents involved are no help, and the county has nothing to say beyond the fact the split has been applied for, but has yet to be finaled. What is the best way to handle this situation?

You have answered your own "Q"; as of the effective date it is not approved.

 

[Fishlips]

The County isn't the party that has proposed this lot split; the property owner is. And they will still have access to whatever documentation they have submitted to the County in their application . Stop asking the county. Go to the property owner; they have the site plan right at their fingertips. You don't need the entire package, just a site plan that would identify what they're trying to do.

Thank you George. Property is in receivership; no current seller availability that I am aware of. Court appointed receiver may or may not have any information relating to the split application. Even if the receiver does have some information, I have no way of getting in touch. Agent not responding to questions. Thank you again!

 

[Fernando]

When we owned land office and worked with developers and builders and some ones where shady . A common trick was to apply for a application for a lot split or a subdivision and they get an architect to draw some renderings including the Proposed new lot or lots and then submit those to the City-County Planning Departments. Now they would list the property and they would ask us to also tell a potential buyer that a lot split could be done or a small subdivision built and many newbys had no idea a Tentative Plat Map had no value at all unless it could be finaled. Many crooks would sell a house on a large parcel and include the proposed tentative lot split or subdivision to a gullible buyer and even try to get an appraiser to value it to inflate the price of the property . Some where also just stupid and had no idea their Tentative lot split and plat map would never be approved as they needed a easements or setbacks-slope easements as there are many potential landmines a novice can fall prey to.. Now most Developers and Builders always make a purchase subject to a final approved and delivered lot split or subdivision . Yes EAs can be made but even if I was going to use one I would need many things these people have not provided. I am running from this assignment not walking.

So True. I would never buy a property if lot split not approved. What if not approved? So complicated and could cost me lots of money.
Why would appraiser take such an assignment .... just asking for trouble.

 

[George Hatch]

Thank you George. Property is in receivership; no current seller availability that I am aware of. Court appointed receiver may or may not have any information relating to the split application. Even if the receiver does have some information, I have no way of getting in touch. Agent not responding to questions. Thank you again!

You're changing the elements of this appraisal problem now. Based on what you're saying it appears that lot split isn't going to happen in the near term unless/until someone pursues it. Until it happens it's all speculative. Lots of projects get proposed but not completed.

There are no assumptions involved (I think this lot has been split but I'm not entirely sure) so this situation doesn't involve the use of an EA; it's a hypothetical because you KNOW the lot split hasn't yet been completed so those property rights don't currently exist as such. And there are limitations to the use of a hypothetical, one being that you don't have the specifics of this hypothetical upon which to base your analysis.

To reiterate
Assumptions are based on what you believe to be true
Hypotheticals involve conditions you know don't currently exist