Conforming Use vs. Non-Conforming Use + Examples In commercial real estate, the terms “conforming use” and “non-conforming use” refer to whether a property use complies with the zoning regulations set by local authorities. Zoning regulations are rules that dictate how land and buildings can be used within a specific area. Here’s an explanation of these […]

What’s a Variance? + Examples | Commercial Real Estate Zoning regulations play a crucial role in shaping the physical and functional aspects of a community. They classify land into different zones, such as residential, commercial, industrial, or mixed-use, and specify what types of activities or developments are permitted in each zone. However, these regulations can […]

Zoning: Commercial Real Estate Zoning in commercial real estate refers to the process of dividing a municipality or jurisdiction into different zones or districts, each with specific regulations governing land use, building structures, and development. Zoning is a tool used by local governments to manage and control the use of land, ensuring that it aligns […]

What’s a Modified Gross Lease? A modified gross lease is a type of commercial real estate lease that combines elements of both gross leases and net leases. In a gross lease, the landlord typically covers all operating expenses, including property taxes, insurance, and maintenance costs. In a net lease, on the other hand, the tenant […]