A type of cooperative that does not allow members to own equity in their residences and often have rents that are well below market rates. Also known as Group equity.

Power of the local government to regulate the use of private property for the benefit of the entire community. Partitioning of land parcels in a community by ordinance into zones, and the establishment of regulations in the ordinance to govern the land use and location, height, use and coverage of buildings within each zone.

Local ordinance or law prescribing how each parcel of land in a community may be used. Usually consists of text and a zoning map identifying permitted type of land use.

Map showing the location and boundaries of land use controlled by zoning ordinances.

See Variance.