Subdivision / New Communities
Chicago Title supplies the necessary underwriting, coordinating and high liability service needs of commercial/industrial and subdivision developers, builders, lenders and other real estate professionals. We have built a reputation for efficiency in smoothly processing land acquisitions, new construction and sale-out transactions. Whether you're considering an industrial park subdivision, or accumulating parcels for a master planned community, Chicago Title can assist you with every phase of development.
We know that builders and developers require speed, accuracy and confidentiality in the fulfillment of their title needs. That's why so many builders and developers choose us. Chicago Title has a history of applying leadership and creative concepts in title coverage of land acquisition and developments, along with more than 150 years of real estate title experience.
Partition Division & Development
Chicago Title’s technical and underwriting staff are involved in the division of land (subdivision) process with our developer clients from project start to finish. We stay on top of legislation that directly effects the subdividing of land and property into smaller tracts. Toward this end, we feel that it is appropriate to point out a few facts regarding Oregon State Statutes directly affecting our customers.
The State of Oregon law sets forth general provisions, procedures and requirements for the division of land starting with Statute ORS 92.010. Under the Oregon Statute 92.042 each local government within our state has enacted local ordinances which adopt and interpret the statute to meet the local needs of their jurisdiction. In fact, many provisions of the Subdivision Map Act defer to the local governing body ("local government") for the purpose of regulation and control of the design and improvement of subdivisions within their jurisdiction. Therefore, an interpretation of a provision or section of the Subdivisions and Partitions state law and local ordinances enacted pursuant thereto in one county may differ from another. Because of these local differences, title company practices for subdivision mapping may differ from county to county throughout Oregon.
It is important to become familiar with local customs and practices of the city or county where your subdivision is located. Your local Builder Services Representative can help you coordinate your title insurance needs. Among the mapping services typically offered are:
- Land Acquisition Title Processing
- Mapping with Qualified Assistance
- Coordination with Engineer, Surveyor and Planner
- Development and Construction Loan Title Services
- Expert Department of Real Estate Processing for Condominiums
- Full Local Title and Escrow Services
- Technical Assistance and Coordination
- Innovative and Creative Underwriting Decisions
We invite you to contact your Chicago Title Builder Services Representative regarding your Subdivision. As a member of your team, your representative will put you in contact with our Subdivision Title and BRE experts who will work with you throughout all phases of your development.
Download PDF: Subdivision / New Communities Flyer