Title: The Legality of Living on Commercial Property | RealEstateLawyers
Headings: The Legality of Living on Commercial Property
The Legality of Living on Commercial Property
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Real Estate Zoning Laws
The Dangers of Living on Commercial Property
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Content: Real Estate Zoning Laws
Real estate zoning laws are often difficult to understand, but you should know that they are set up to keep people safe, to set construction standards, and to maximize profit capabilities for a town or city. There is a big difference in definition between residential and commercial property: Residential property is meant for building houses, apartments, and other homes,
Commercial property is meant for building businesses that generate income. Industrial property is separate from these two properties as well. This distinction can be difficult to understand, though, since real estate zoning laws are different throughout different towns, counties, and states. You might realize that some jurisdictions have different positions on the differences between what can be considered commercial and what can be considered residential. One example is as follows: in some cases, a residential home is not commercial property even if part of it is rented to others for profit. Apartment buildings can also be considered commercial property, even though they are residential in nature since many people live there. The Dangers of Living on Commercial Property
You can find stories of individuals that have successfully lived on commercial property for months for free, since in some cases, it is illegal for landlords to collect rent from those living on this property.