lóðir
Lóðir is the Icelandic term for defined parcels of land that form part of a larger property or a development area. A lóð is a fixed piece of land with clearly delineated boundaries and a cadastral description, intended for use as a building site, garden, or other specified use. In property law, each lóð can be owned, sold, leased, or mortgaged like other real estate, and is registered in the land registry with an official designation.
Creation and subdivision of lóðir typically occur through subdivision of an existing property or through municipal
Use and development of a lóð are regulated by planning and zoning rules at municipal and, to
Ownership and transfers of lóðir follow Icelandic property law and the land registry system. Taxes, municipal