TRANSACTION & CLOSING

Zoning

Also called: land use zoning · zoning district

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PLAIN-ENGLISH DEFINITION

Local land-use rules controlling permitted uses, density, bulk and other development or operating conditions.

What it means in practice.

Zoning is separate from federal exchange eligibility but can determine whether the replacement property can actually be used as intended.

Why it matters.

Local compliance is part of property diligence, especially for redevelopment or change-of-use strategies.

Additional notes.

Zoning is separate from federal exchange eligibility but can determine whether the replacement property can actually be used as intended.

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