Wabor Real Estate Glossary Z

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Zero Clearance
The lack of a need for a specified distance between a well-insulated heating unit or metal wood burning fireplace and a combustible surface.

Zero Line
The point in earthmoving where an imaginary line denotes a place where no cutting or filling is required.

Zero Lot Line
Lot where a home is set to the lot boundary, which leaves very little space between the houses.

Zero Rate Loan
Loan with large down payment and the balance being paid in equal periodic payments over a short period of time, with no interest charged. Usually offered by an eager seller.

Zero Net
When there is no money left for the seller, from the sale of a property, after all outstanding expenses are paid.

Zigzag Fence
Laid out in a zigzag pattern, with split rails intersecting and supporting each other and anchored with spikes at the joint, this type of fence is also referred to as a snake fence.

Zone
Geographic location with designated boundaries such as a district.

Zoning
Rules and regulations controlling the use of land, which is broken down into districts and determines how private property is to be used or what construction is allowed.

Zoning Laws
Ordinances created by local government to cover real estate development, including structural and esthetic points.

Zoning Map
Map that shows locality divided into districts and shows status and usage of each district and is kept current.

Zoning Ordinances
Regulations determined by each municipality to establish different zoning restrictions and classifications.

Zoning Records
Compilation of zoning requirements and any changes made to them.