Miller: “Principals and agentsassume the ubiquitous Assessor Parcel Map, APN, is a legal parcel,which it is not.”
SAN DIEGO—Many in the brokerage community don't fully understandthe criteria by which legal parcels are defined in the state as defined by theCalifornia Subdivision Map Act of February 1972. This can affectmany aspects of commercial real estate transactions andcause much legal confusion. Lee & Associates principal Patrick Miller tells GlobeSt.com why it's important tounderstand this definition and what constitutes a legal parcel.
GlobeSt.com: Why is it important to understand how a legalparcel is defined?
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