Variance


A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Variance

Description: <p>A variance is when permission is granted to use a property in a manner not... currently allowed by zoning ordinances. In order to get a variance, the owner of the property usually has to show that there would be a hardship on the property (as opposed to the owner) unless the variance is allowed.</p> <p>Examples of a hardship on the property would be if the property would remain vacant, or if a structurally sound piece of property would need to be torn down otherwise.</p> <p>Often times, buyers will petition for a variance, since they are allowed to once they have a signed contract, and usually there is a contingencee that the variance must be allowed before the buyer will buy the property.



Back to Real Estate A-Z