land parcel

Diagram of an example house plot as seen from above, showing front and back lawns, positions of structures on the plot, and immediate surroundings. The plot boundaries are outlined in black except for the frontage, which is shown in red. In this example, the immediate surroundings include a pavement, parking area, and section of the road out in front and a section of an alley at the back. Plot structures include a house, private walkways, and at the back - a detached garage with a drive access to the alley and a small area for refuse.

In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owners of a plot can be one or more persons or another legal entity, such as a company, corporation, organization, government, or trust. A common form of ownership of a plot is called fee simple in some countries.