Search results
Results from the WOW.Com Content Network
Nonconforming use in urban planning the use of land that was authorised at the time the use was created but is no longer allowed due to changes made to the zoning restrictions after that time. [1] Secondary suites are commonly permitted as a non-conforming use in the zoning district they are located in because the suite was developed prior to ...
The four criteria the highest and best use must meet are legal permissibility, physical possibility, financial feasibility, and maximum productivity. Alternatively, the probable use of land or improved property – specific with respect to the user and timing of the use – that is adequately supported and results in the highest present value ...
For example, a grandfathered power plant might be exempt from new, more restrictive pollution laws, but the exception may be revoked and the new rules would apply if the plant were expanded. Often, such a provision is used as a compromise or out of practicality, to allow new rules to be enacted without upsetting a well-established logistical or ...
Often, a mortgage is considered non-conforming because it's for an amount higher than the conforming loan limit ($766,550 for most mortgages in 2024), also known as a jumbo loan.
This is much lower than a non-conforming jumbo loan, which is usually 10 to 20 percent. More readily available: Conforming loans are some of the most popular mortgage products available.
While the rules authorizing the jumbo digital billboard were stripped from the city code under the new legislation, the PAMM sign will be considered a legal “non-conforming” structure, a city ...
Those exempt from the new rule are said to have grandfather rights or acquired rights, or to have been grandfathered in. Frequently, the exemption is limited, as it may extend for a set time, or it may be lost under certain circumstances; for example, a grandfathered power plant might be exempt from new, more restrictive pollution laws, but the ...
Generally, existing development in a community is not affected by the new zoning laws because it is "grandfathered" or legally non-conforming as a nonconforming use, meaning the prior development is exempt from compliance. [93] Consequently, zoning may only affect new development in a growing community.