What is considered a fractional lot in the context of land surveying?

In the context of land surveying, a fractional lot refers to a subdivision that does not conform to the standard measurement of a section, which is typically 640 acres. Specifically, this term is used to describe a parcel that is either less than or more than this conventional size. Such lots arise in various situations, often when a survey divides a larger area unevenly or when topographical or legal constraints affect the division of land.

Understanding fractional lots is essential for appraisers and assessors because these parcels can significantly impact property values and taxation. For instance, a fractional lot that is underdeveloped or oddly shaped might be valued differently compared to a traditional, standardized lot due to its size and potential usability. This concept is integral to land use planning and property assessment, as it reflects the realities of land division that do not always adhere to conventional boundaries.

Other considerations, such as designated areas within townships or sections of land with specific uses, do not inherently capture the key aspect of size variation that defines fractional lots. Thus, the emphasis on deviations from the standard size is critical in identifying and assessing such parcels in real estate.