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Business Definition for: lot and block

Dictionary of Business Terms
lot and block

method of locating a parcel of land based on its lot and block on a plat of a subdivision.

See also legal description
Dictionary of Real Estate Terms
lot and block

a method of locating a parcel of land.

Example: The shaded property in Figure 117 is lot 4, block B of Rolling Acres subdivision , in Lincoln County, New Mexico.

8001026801-01

See also legal description
Related Terms:
legal description

legally acceptable identification of real estate by one of the following: the government rectangular survey; metes and bounds; recorded plat (lot and block number).

legal description

legally acceptable identification of real estate by one of the following: the government rectangular survey; metes and bounds; recorded plat (lot and block number).

Referring Terms:
block
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