What term refers to a lot or a specified tract of property?

The term "parcel" specifically refers to a lot or a defined tract of property, making it the most appropriate choice in this context. A parcel typically denotes a portion of land that is legally defined and can be used for various purposes, such as residential, commercial, or agricultural developments. The use of "parcel" is common in legal descriptions, zoning regulations, and property transactions, where clear identification of land boundaries and ownership is essential.

In contrast, "lot line" pertains to the boundary lines that define the edges of a lot, "tract" may refer to a larger area of land but does not specifically denote a defined property as a parcel does, and "zone" typically refers to a designated area within a municipality that is subject to particular land use regulations, which is broader than just the physical property itself. Understanding these distinctions helps clarify the terminology used in land use and zoning discussions.