What is the purpose of a zoning variance?

Study for the IEDC Real Estate Development and Reuse Exam. Harness the power of flashcards and multiple-choice questions, each enriched with hints and explanations. Get ready for success!

A zoning variance is designed to allow for exceptions to standard zoning laws. This is particularly important in real estate development, as it recognizes that adhering strictly to zoning regulations may not always serve the best interests of the community or the property owner. A variance enables property owners to use their land in a way that may otherwise be prohibited by the existing zoning ordinance, allowing for greater flexibility in development and encouraging tailored solutions that can accommodate specific circumstances or unique situations. This process typically requires a review and approval by a zoning board or local government authority, ensuring that the variance is justified and will not adversely affect the surrounding area. By providing this mechanism, zoning variances support a balanced approach to land use, promoting both compliance with regulations and the ability to adapt to individual property needs.

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