Zoning
In real estate, zoning refers to the laws and regulations that dictate how a property can be used and developed. Zoning laws are put in place by local governments to control the types of buildings and activities that can take place in different areas.
Zoning laws are typically classified into different categories, such as residential, commercial, industrial, and agricultural. Each zoning classification has its own set of rules and regulations that dictate what types of uses are allowed on a particular property.
For example, a property that is zoned for residential use may only be used for single-family homes or apartments, while a property that is zoned for commercial use may be used for retail stores or office buildings.
Zoning laws can also regulate things like the height and size of buildings, the amount of parking that is required, and the types of businesses that are allowed in a particular area.
Understanding zoning laws is important for both buyers and sellers of real estate, as it can affect the value and use of a property. It's important to research the zoning laws in an area before purchasing a property to ensure that it can be used for the intended purpose.
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