California Business and Professions Code 10249.1 – “Subdivision,” as used in Section 10249, includes all of the …
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“Subdivision,” as used in Section 10249, includes all of the following:
(a) Improved or unimproved land or lands divided or proposed to be divided for the purpose of sale or lease, whether immediate or future, into five or more lots or parcels.
Terms Used In California Business and Professions Code 10249.1
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Subdivision: means a subdivision of the section in which that term occurs, unless some other section is expressly mentioned. See California Business and Professions Code 15
(b) Improved or unimproved land or lands in which, for the purpose of sale or lease, whether immediate or future, five or more undivided interests are created or proposed to be created.
(c) “Subdivision,” as defined in Section 11004.5, excluding “subdivision” as defined in subdivision (e) of that section.
(Amended by Stats. 1995, Ch. 723, Sec. 3.5. Effective January 1, 1996.)