In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owner(s) of a lot can be one or more person(s) or another legal entity, such as a company/corporation, organization, government, or trust. A common form of ownership of a lot is called fee simple in some countries.
Land lot
![Land lot](https://freeyorkk.b-cdn.net/wp-content/uploads/lot/_ma/p-2/017/031/619/-58/cae/60c/cff/52/Lot_map-2017031619-58cae60ccff52.png)