Maine Real Estate License Practice Exam

When is a subdivision officially created in Maine?

1. One lot is divided into 2 or more lots

2. Three or more lots in a five year period

3. Three or more lots in a three year period

4. Five or more lots in a three year period

The correct answer is: Three or more lots in a five year period

In Maine, a subdivision is officially created when there are three or more lots in a five-year period. This definition aligns with the Maine Subdivision Law, which is intended to regulate the division of land to ensure that lots are created in an orderly manner, taking into account factors such as infrastructure and environmental impact. The five-year period allows for a broader consideration of development trends and offers developers some flexibility in planning, as they may not develop all lots at once. Creating a subdivision typically involves processes such as obtaining local permits, conducting surveys, and sticking to zoning regulations, which the five-year timeframe accommodates effectively. The law aims to balance the needs of landowners, potential buyers, and the community, ensuring that subdivisions do not adversely affect public resources or the environment while facilitating responsible development. Thus, understanding this timeframe is crucial for anyone involved in real estate in Maine, whether a buyer, seller, or real estate professional.