WHAT IS REAL ESTATE ZONING?

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Zoning according to Investopedia refers to the municipal laws or local government laws which dictate the use of real properties in some areas. Zoning laws therefore tend to limit the commercial uses of the land area in order to prevent manufacturing business and other kinds of businesses which could begin in residential neighborhoods. But it is vital to note that these laws may be modified to allow for construction of some properties which allow for economic advancement.
Zoning therefore plans out the use of a land through a system of allocation of certain areas and includes restrictions within the different areas. Some of these restrictions may include the buildings height, the density of the area as well as the types of businesses that will be seen in these areas.
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A good instance is that of the zoning laws which restricts parks, businesses and homes. The zoning area will therefore include the commercial, industrial, agricultural and school zones. Generally, zoning tends to be confusing to people as it is used to designate areas irrespective of the size of the state. The correct use of zoning allows for the development of cities and countries and impacts the lives of future property buyers, sellers as well as investors. This is due to the fact that zoning will always tell on the value of a property irrespective of it being residential or commercial. The major types of zoning today are basically:
Commercial Zoning – Commercial property basically refers to properties which are not residential and they range widely from small offices to mega shopping malls and night clubs. As a result of this, they are zoned commercially.
Residential Zoning – is basically the opposite zoning to commercial as it is done for individual family and can be manifested in zoning of single family homes, condos, duplexes and various other forms of apartments.
Industrial zoning – This zoning is basically for the operations of the manufacturing sector and for warehouses.
Agricultural zoning – This is usually mentioned in the same breath as the rural zoning as they basically deal with zoning regulations for ranches as well as farms.
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Another Zoning type includes Historic zoning, which is used for historic monuments and buildings such as museums. Zoning is however not a totally definite situation in terms of rigidity as the option of using a variance gives the option of an exception. The process is long to acquire a variance, depending on the local government, but can redirect the future of a property in the long term.
Something else to note about types of zoning is that they also have sub-categories and we can take the example of the residential zoning which has the sub-categories of sleeping units which are designed for transient occupants’ e.g. motels and those that are for residents who dwell more permanently such as apartment houses.

If you are buying real estate, be sure to determine the type of zoning and restrictions placed on the property.

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