An area of land surveyed or otherwise defined. It includes, but is not limited to, lots, blocks, rights-of-way, land use areas, condominium units, sections, quarter sections, legal subdivisions and concessions.
This process is used to lift Part Lot Control restrictions from lands within registered plans of subdivision to create parcels for sale. It usually is used for townhouse developments after construction has started to accurately set the boundary lines between the townhouse units. Section 50 of the Planning Act grants the municipality the authority to pass a By-law to exempt lands within a Plan of Subdivision from the Part Lot Control provisions in the Act.
The percentage attributed to each unit stating that unit's interest in the common elements. This percentage is found in the Declaration (Schedule "D") and the total percentage for all units must equal 100%.
The percentage allocated to each unit stating the unit's proportionate share of the common expenses. The percentage is multiplied by the yearly budget and divided by 12 to determine the monthly expenses for the unit. This percentage is found in the Declaration.
A mortgage taken back by the Vendor to assist in financing from occupancy closing to final closing. This is not to be confused with the real financing purchasers require from a bank or trust company to enable them to pay the balance of the purchase price.
The form of surveying that employs aerial photography, terrestrial photography, light detection and ranging, satellite imagery or other technologies that can be utilized for remote measurements and calculations.
Either a device used to measure static liquid pressure in a system by measuring the height to which a column of the liquid rises against gravity, or a device which measures the pressure (more precisely, the piezometric head) of groundwater at a specific point.
A drawing which represents the particular area included in a survey and the lines surveyed, established, retraced or resurveyed, showing the direction and length of each such line; the boundaries, descriptions, and area of each parcel of land subdivided; a representation of the relief and improvements within the limits of the survey. A survey plan that is drawn in accordance with applicable regulations.
A plan of subdivision that is registered under the Land Titles Act and identifiable by an "M" in the plan number. In the past, these plans were more commonly registered under the Registry Act and are identifiable as "RP". The document by which new parcels of land are created.