What is Zoning ?
FINANCIAL & REAL ESTATE TERMINOLOGY
What is zoning?
Let’s talk about zoning. Zoning refers to local laws or regulations that govern how land can and cannot be used in certain geographic areas. Each zone has a specific purpose, such as residential, commercial, agricultural, and industrial.
How to check zoning of a property
Zoning is used by local authorities to manage the construction and development of real estate in a specific area. To regulate the construction, zoning laws are drafted. These laws control the use of the land by specifying things like how the land may be used, where buildings and other structures can be located, the types of buildings that are permitted on the land and how they may be used, and more.
Why zoning is important?
Zoning is an important part of real estate as it affects what you can and cannot do with a property.
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