Jul 15, 2021 · A variance is a form of equitable relief allowing the applicant to use his land in an efficient way by bypassing the local zoning laws. A vaiance is likely to be granted for unusual circumstances such as an especially narrow lot or a stream on the property making it especially difficult to comply with the local zoning ordinance.
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Variance In Real Estate: Definition & FAQs | FortuneBuilders
Among the most important of these exceptions is variance: an exception for a local zoning law that may allow investors or homeowners to adjust or expand their property to achieve a specific goal. However, variance is not the same as a permanent change to local zoning requirements, nor is it the same as property rezoning.
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What Is Variance in Real Estate: 6 FAQs About Zoning
Oct 22, 2021 · If a property has a land variance the town granted the owner permission to use their land in a way that isn't normally permitted. It can be an exception to a zoning ordinance (like a business in an area zoned residential), a building code, or a municipal code.
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What Is A Variance In Real Estate? | Quicken Loans
Jul 27, 2020 · Essentially, a property owner requests a variance when their planned use of their property deviates from local zoning laws designed to protect property values. If granted, a variance acts as a waiver to some aspect of the zoning law or regulations.
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Real Estate Variances: What You Need to Know - Brink Law
A variance is essentially a discretionary exception to one or more zoning requirements. Every jurisdiction offers a different array of variances under slightly different conditions. However, all variances operate by allowing property owners to use their property in a way that would otherwise contradict the zoning code. Purpose of Variances
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What is Variance Real Estate? Everything About Zoning
Apr 18, 2022 · Area variances refer to a request to change a physical aspect of the property rather than the way the property is used. Some examples of area variances are: Putting a fence up along your property line. Building a structure closer than normally permitted to a roadway. Building a structure higher than usually permitted by the local zoning ordinance.
Aug 11, 2019 · Variances can be given by a locality for businesses who present valid reasons for the variance and who can show that the variance will not lessen property values or interfere with the use of the property by current residents. In some cases, you may have to go before the city council or municipal government and plead your case.
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How to Obtain a Variance for Your Lot: 7 Steps (with …
Sep 20, 2019 · In general, a variance will only be granted if the following 4 criteria are met: Compliance with the zoning laws would cause undue hardship on the landowner; The proposed construction is necessary for reasonable use of the property; The proposed construction would not alter the essential character of the neighborhood;
Sep 06, 2018 · A variance is a request to deviate from current zoning requirements. If granted, it permits the owner to use the land in a manner not otherwise permitted by the zoning ordinance. It is not a change in the zoning law. Instead, it is a specific waiver …
