Definition of "Preexisting use"

Sharon G. White real estate agent

Written by

Sharon G. Whiteelite badge icon

HomeSmart Corporate - Houston

Same as term nonconforming use: Property use which is in violation of the current zoning ordinance, but had been in use prior to the zoning ordinance's enactment. A nonconforming use is normally allowed to continue; however, there are certain limitations that are placed on its continuance. A nonconforming use is normally not allowed to expand beyond its current boundaries and if it is a nonconforming building, the building may not be rebuilt, in the event of its destruction, without conforming to the current zoning ordinance.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

The appraisal approach is used to estimate the value of an asset, based on various factors to reach the closest educated guess of the asset. While an appraisal approach does consider the ...

Judicial action to establish property ownership. In a quiet action, adverse claimants are required to state their claims or be forever stopped from any future title claim. The basic ...

Has not been registered on the companies books. It belongs to the person holding it. See also bearer bond; bearer instrument. ...

In conducting a real estate transaction, each party is presumed honest and fair with no deceit. The intentions are honorable and realistic. If deception occurs without prior knowledge, the ...

In real estate, the term "preamble" refers to an introductory statement that outlines the fundamental principles and goals guiding the industry's practices. Specifically, in the National ...

Holder of a real estate license who solicits a prospective buyer of property and receives a commission for his efforts. ...

Aerial navigation that may interfere with a property owner, such as creating undue noise. The value of land near an airport may decline in value for this reason. Further airport congestion ...

In real estate, the basis to set an adjustable rate mortgage, such as a 6-month certificate of deposit (CD) rate, cost of funds index, or prime rate. A statistical measure stated as ...

When answering the question of what is a real estate investor, several aspects should be considered. First, a real estate investor, also known as a real estate entrepreneur, allocates ...

Popular Real Estate Questions