Call Us: (800) 419-4923
 Call Us: +44 (0)20 3865 7701
 Call Us: (787) 822-8377
 Call Us: (437) 855-4925
Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc.
You are here: Home » Resources » Articles » What’s a Zoning Compliance Report?

December 11, 2013

What’s a Zoning Compliance Report?

By Partner ESI

IRA GROSSMAN EXPLAINS SOME OF THE INTRICACIES OF A ZONING COMPLIANCE REPORT

Requesting a zoning report is not uncommon in an equity transaction, particularly with pension funds and insurance companies.

If a subject property was developed in accordance with an older version of the relevant building code it is usually considered legally non-conforming. Therefore, it is important to know what the ordinance requires when property damages reach a certain percent of replacement value. If a newer version of the ordinance is in place and there is a bad fire or other major damage to the property, many jurisdictions require the property to be rebuilt to the current code. This could change building heights, setbacks, landscaping, and parking requirements.

As an example, the Zoning Ordinance of Indianapolis refers to this as follows: “Legally established nonconforming uses and structures or buildings not located in any flood control district may be restored to their original dimensions and conditions if damaged or partially destroyed by fire or other naturally occurring disaster provided the damage or destruction does not exceed two-thirds of the gross floor area of the building or structure affected”. A more significant loss will require restoration that complies with the current code.

Continue reading the GlobeSt blog here.

Other Resources You Might Like


Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.
Terms and Conditions  |  Privacy Policy   |  Website Terms of Use  |  © 2024 Partner ESI. All rights reserved.
crossmenuarrow-up linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram