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Real Estate Glossary

What is Correct Zoning (In a Lease)?

Correct zoning is an important consideration when leasing commercial property. Zoning regulations dictate how a piece of land can be used, and they can vary significantly from one location to another. It is important for a tenant to ensure that the property they are leasing is zoned for the type of business they plan to operate. If a property is not correctly zoned, the tenant may face restrictions on their operations or even be forced to close their business.