I'm using ArcGIS 10.3
I have a polygon shapefile and need to be divided into four equal parts each polygon
There is a tool in ArcGIS to do this
Have you already looked at this GeoNet thread?
A couple of links from Parcel Fabric (Requires Standard/Advanced license).
Dividing parcels by area—Help | ArcGIS for Desktop
Parcel split: area description—Help | ArcGIS for Desktop
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