Lot Split QuestionHello, I have a question regarding a piece of property that my parents own that can be split into two lots other wise known as being sub divided.I have gotten the lot recorded with the city, and now the 14000 ft lot is two 7000 ft lots. If I want to build another home on the new lot but the home on the other lot has a mortgage on it do I have to get a partial release from the lender???? Or can I build a home on the new lot without asking the lender because I am not intending to sell the new lot or the new home. It would seem to me the lender would like the property with another home on it and a new lot because it makes the land more valuable.Please let me know anything might know about lot splits.May 07 2012 - Santa Cruz0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.