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Can you have residential property and commercial property on the same land?
Wiki User
∙ 9y ago
In some areas you can have residential property and commercial property on the same land. It will depend on what the area is zoned for. Some areas are strictly residential, some are strictly commercial, and some are mixed.
Wiki User
∙ 9y ago
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Do I have to pay more in taxes to lease my property out for commercial or residential use?
You should not have to pay more taxes on the property but you will be paying more taxes on the people using the property. The property is going to be the same because they go by the land value and that is how they figure out your taxes.
If zoning can reduce the value of property how can lack of zoning produce the same result?
Zoning determines how land can be used. If a land is zoned for a certain type of commercial, it can be used for stores, etc. If the land is only zoned for residential, only homes can be built there. If the land is in a place where there is a high demand for commercial real estate, rezoning the land so that it cannot be used for commercial purposes could reduce the value. (;
What is to make land suitable for commercial residential purposes?
to "develop" I was doing a crossword puzzle for my class I had the same question ;p
What is responsibility of tenant in residential or commercial tenancy?
Basically the same rules apply: pay the rent on time, keep property in a safe, decent, and sanitary condition. The landlord may not allow certain types of businesses to run in their commercial property, and most don't allow businesses to be run in residential properties.
What is to make land suitable for commercial or residential purposes?
to develop i was doing a crossword and i had the same question :)
What does leasing commercial real estate entail?
Renting commercial real estate entails many of the same principles as a residential lease, differing primarily in how the property is used. Commercial real estate is sub-categorized by its purpose, such as warehouse, retail, or office space.
What is a commercial mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
what is Commercial Mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
What is to make suitable for commercial or residential purposes?
to develop i was doing a crossword and i had the same question :)
Can you use residential property for commercial use?
it depends on the Zoning regulations in your countryfor the City Area like New York City it's ok to have commercial and residential built in the same place or near each other. these are only applicable on areas with compact populationbut for the not so populated areas local governments along with their civil engineers goes with a zoning plan for a livable city... most cities build Central Business Areas for commercial establishments while the surrounding areas were residential houses.this zoning would benefits the community living in the area to avoid community issues such as noise pollution and crimes.
Is a pipe fitter and plumber the same thing?
a plumber is more for residential and commercial... pipe fitters work in an industrial setting with heavy duty piping.
What is the difference between real estate and real property?
Real Estate and Real Property are one in the same. All "REAL" is Land & fixtures attached to the land. All other property would be considered...Personal.
