Examlex
Henry's father was a lower-level manager of a department store. Meanwhile, Henry was able to go to college and get his master's degree in business administration, and now is a district manager overseeing all department stores that operate on the West Coast. This is an example of ________.
Nonconforming Use
A land-use situation where a property is utilized in a manner that does not comply with the current zoning laws, but has been allowed because it predated zoning regulations.
Zoning Ordinances
Laws regulating the use of land and buildings within specific areas to control and direct property development.
Assumes the Mortgage
The process by which a buyer takes over the seller's mortgage as part of the terms of purchasing a home.
Personally Liable
Refers to the direct responsibility an individual has to fulfill an obligation or debt, making their personal assets vulnerable to being claimed in the event of non-fulfillment.
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