2A —November 18 - December 22, 2022 — M id A tlantic Real Estate Journal
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M id A tlantic Real Estate Journal
M id A tlantic R eal E state J ournal Publisher, Conference Producer ..............Linda Christman AVP, Conference Producer ...........................Lea Christman Conference Producer .........................................Matt Wolpe Editor/Graphic Artist ......................................Karen Vachon Contributing Columnist .. .Rosetta Taylor, BBG Zoning Services; Timothy Naski & Michael Doyle, AIA of ECS Mid-Atlantic, LLC Mid Atlantic R eal E state J ournal ~ Published Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal 117 HMS Halsted Dr., Hingham, MA 02043 USPS #22-358 | Vol. 34, Issue 11 Subscription rates: 1 year $99.00, 2 years $148.50, 3 years $247.50 & $4.00 single issue - plus postage REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 www.marej.com
Rosetta Taylor
Why Zoning Due Diligence is the
Beginning and End of Real Estate Transactions oning laws are a fact of life in practically every part of the United States. They create an orderly develop- ment of property that benefits communities economically, socially, and environmentally. Zoning constantly evolves keeping pace with real estate trends, such as the prolifera- tion of all types of uses such as multi-family housing, retail, office, self-storage, warehouse/ distribution facilities, and the changing needs of communities. As a result, commercial and residential real estate projects can sometimes face zoning issues which may cause time- consuming and costly delays in a financial transaction, or pos - sibly prevent the development of new construction. To help alleviate this prob- lem, property owners, lend- ers, investors or borrowers typically obtain assessments or due diligence reports on their projects. From a zoning perspective, parties Z
should order a zoning as- sessment report which pro- vides the history, existing conditions and a breakdown of the use, structure(s) and improvement compliancy. The zoning report is a prod- uct that includes confirmation of the property jurisdiction, zone district, use permissions, developmental guidelines, in- formation and documentation on zoning, building, fire vio - lations, planning approvals, and certificates of occupancy. In addition, to determine the improvements and structure legality, the report compares client-provided due diligence such as an ALTA survey, ap-
praisal or property condition reports to the zoning require- ments in order to determine the compliance of the property in question. Zoning assessments are also beneficial to the telecom - munications industry. A zon- ing report can help answer a variety of questions, such as: Is the cell tower in compli- ance with the current zoning laws? Can a cell tower be placed on a particular parcel without knowing if it’s al- lowed by the municipality? If this cell tower was destroyed by natural disaster, can we rebuild it? continued on page 21A
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Contact: NEIL A. STEIN • nstein@kaplaw.com 910 Harvest Drive, Blue Bell, PA 19422-0765 • 610-941-2469 • kaplaw.com Other Offices: • Cherry Hill, NJ 856-675-1550 • Philadelphia, PA 215-567-3120 Kaplin Stewart Attorneys at Law
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