A loan given to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both amounts are made to the lender who holds the …
Z-Flashing
A special type of metal flashing that protects horizontal joints between siding panels that don't overlap. It has a Z-shaped profile and is designed to tuck up under the upper panel and overlap the …
Zero-Lot Line
Refers to the placement of a home on its lot in such a way that one or more sides of the home really has no yard space. The home is built right up to the edge of the property line. …
Zero-Net
When the seller receives little or no net proceeds from the property sale. …
Zoning
Zoning refers to the regulations and laws established by local governments to control the use and development of land within their jurisdiction. These regulations classify land into various zones, …
Zoning Variance
A zoning variance is a deviation from the set of rules a municipality applies to land use and land development, typically a zoning ordinance, building code or municipal code. A one-time modification …