In the process of doing a construction project, funding a loan on a property or various other reasons a municipality or business might require consolidating two or more lots into a single parcel. We have extensive experience consolidating parcels and lots in Utah.
What is a Lot Consolidation Plat?
Simply stated, it is combining two or more lots into a single lot. Each lot has a unique tax identification number used by local governments to track land ownership. When two or more lots become one they no longer have multiple tax ID’s and become a single taxable parcel. This is often why cities require a lot consolidation plat when you’re trying to start a construction project if the building crosses parcel lines – it makes identifying and tracking the parcels simpler.