Spot Zoning
Definition of "Spot zoning"
Zoning a portion of land in a given area for different purposes than its surrounding functions. For example, a locality may decide to spot zone a vacant lot in a residential area for commercial purposes, Historically, spot zoning has not received favorable support in court.
Popular Real Estate Terms
A method widely used for evaluating real estate projects. Under the net present value method, the present value (PV) of all cash inflows from the project is compared against the initial ...
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Warming method using sunlight. It involves special glass panels. ...
revising the terms of a loan such as when the borrower is experiencing severe financial difficulties. For example, a homeowner lost his job and seeks relief by requesting the lender ...
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Structure of prefabricated units. ...
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