A Variance May Be Granted to Permit Deviation from a Zoning

question 81

True/False

A variance may be granted to permit deviation from a zoning ordinance where the application of the ordinance to specific property would cause its owner particular hardship unique to the property.

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Definitions:

Future Value

The value of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.

Deposit

A sum of money placed or kept in a bank account, usually to gain interest.

Savings Account

A deposit account held at a bank or institution that pays interest but typically has limitations on how often withdrawals can be made.

Interest

The expense involved in obtaining a loan, conventionally denoted as an annual percentage rate.