What term describes a map that indicates the location and boundaries of individual properties in a town or subdivision?

The term that describes a map indicating the location and boundaries of individual properties in a town or subdivision is "subdivision plat." This type of map is a crucial element in real estate and land development as it provides detailed information about how land is divided and designated for different uses.

A subdivision plat typically includes property lines, easements, and common areas while highlighting the layouts of roads and utilities within the subdivision. It serves not only as a visual representation of the land but also as an essential document for zoning and planning authorities, helping ensure compliance with local regulations. In many cases, the subdivision plat is required for the approval of a new development, making it a foundational document in real estate transactions and urban planning.

Understanding this concept is vital for anyone entering the real estate profession, as it's essential for navigating property sales, developments, and the legal implications concerning land use.