Assumptions and limiting conditions are specific stipulations and constraints under which an appraisal is conducted. These conditions provide a framework within which the valuation can be understood and accepted.
A Board of Zoning Appeals is an appointed administrative body that hears and decides appeals on land use and zoning decisions made by local government officials.
A flag lot is a method of subdividing land into individual parcels in such a way that compliance with local subdivision regulations can be avoided. Owners define each lot with a minimal amount of road frontage to gain exemptions and avoid regulatory compliance and expenses.
The Floor-Area Ratio (FAR) is a measure of building density that assesses the total floor area of a building in relation to the size of its land parcel. It is commonly used in urban planning to control the massing of buildings and to ensure appropriate land use.
A Guesthouse, also known as an accessory apartment, is a secondary housing unit on a single-family residential lot. These units provide additional living space and can serve a variety of purposes, including housing for guests, rental income, or living space for extended family.
Minimum lot size or minimum lot area refers to the smallest parcel of land allowed for development as per zoning regulations. This concept ensures proper land use and community planning.
Nonconforming land use refers to a property use that does not comply with current zoning laws but is allowed to continue because its use began before the zoning restrictions were enacted or changed.
