Mortgage and Loan Glossary (Z)
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zone
A geographic area reserved and defined by local ordinance for specific
limited use. Zones are almost always subject to certain restrictions
or conditions.
zoning
A legal mechanism for local governments to regulate the use of privately
owned real property by the specific application of police power.
The ultimate goal of zoning is to prevent conflicting land uses and
promote orderly development within a community.
zoning map
A map of the local geographic area that defines current zoning designations
and land use.