zoning

All > Business > Real Estate
  • The ability of local governments to specify the use of private property in order to control development within designated areas of land. For example, some areas of a neighborhood may be designated only for residential use and others for commercial use such as stores, gas stations, etc.
    Ginnie Mae - Cite This Source - This Definition
  • Local laws established to control the uses of land within a particular area. Zoning laws are used to separate residential land from areas of non-residential use, such as industry or businesses. Zoning ordinances include many provisions governing such things as type of structure, setbacks, lot size, and uses of a building.
    US Department of Housing and Urban Development - Cite This Source - This Definition
  • Browse Related Terms: Ground Rent, Land rent

Also listed in:

Browse Nearby Business Terms

VA (Veterans Affairs, U.S. Department of)
Variable Expenses
Variable interest rate
Variable maturity mortgage
Variable payment plan
variable rate mortgage (VRM)
Variance
Vested
Veterans' Administration (VA)
walk-through
Walkthrough
Warranties
Warranty deed
Wraparound mortgage
yield
zoning