Land parcel
Land measurement for planning and development purposes, Guidance Note, Global 1st edition, Published by the Royal Institution of Chartered Surveyors (RICS) in May 2021, states: ‘A land parcel is a unique, well-defined unit of land. These units are defined by the formal or informal boundaries marking the extent of lands held for exclusive use by individuals and specific groups of individuals (e.g. families, corporations and communal groups). Each parcel may be given a unique code or parcel identifier. Examples of these codes include addresses, coordinates, and title or lot numbers shown on a survey plan or map. They can be composed of land within a single land title or a composite of several.’
International Land Measurement Standard: Due Diligence for Land and Real Property Surveying, 1st edition, published by the International Land Measurement Standard Coalition in May 2019, defines a land parcel as: ‘A portion of land variably described as a ‘land parcel’, ‘immovable property’ or ‘real estate’, etc., which becomes a ‘land asset’ when it is linked, through recognised ownership, right or interest of people and legal entities in that land. In describing the land parcel, efforts should be made to determine the extent to which the ‘skies above and the soil below’ are included or excluded in that land parcel, as property law changes from country to country.’
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