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Simple English definitions for legal terms

incentive zoning

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A quick definition of incentive zoning:

Term: Incentive zoning

Definition: Incentive zoning is when landowners can pay a set price to be exempt from a land-use regulation. This is different from illegal contract zoning because the price is already decided by the governing board. For example, a city might allow a new office building to be taller than the zoning laws allow if the building includes a public parking garage on the first two levels.

A more thorough explanation:

Incentive zoning

Incentive zoning is a system that allows landowners to pay a pre-set price to be exempted from certain land-use regulations. This is different from illegal contract zoning because the price is pre-set by the governing board. For example, a city may offer a landowner the ability to build a taller building if they include a public parking garage on the first two levels.

A city has a zoning regulation that limits the height of buildings to two stories. However, they offer an incentive zoning program that allows landowners to build up to three stories if they include a public park on the property. A landowner decides to take advantage of this program and builds a three-story building with a public park on the property.

This example illustrates how incentive zoning works by allowing a landowner to pay a pre-set price (in this case, building a public park) to be exempted from a land-use regulation (the height limit).

incentive stock option (ISO) | incentivize

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starfishies
16:25
@Mostlylegal: yep i got 4/1 i applied early dec (it was my last app) and @Jupiter i really have an overall positive view of the school if you ever need positive confirmation for them
Mostlylegal
16:32
lets hope friday is our day, i just got mine tday
16:35
can i ask an lsat question rq?
Mostlylegal
16:37
sure
starfishies
16:38
yep hoping for some straggling decisions before the 4/15 deposit deadline but ill be alright if not
any guesses on the next wave for loyola chicago?
Looks like no waves td
captaincringe
18:16
Just got a WL email from Loyola Chicago a few mins ago. Good luck!
MrThickRopes
18:42
fo pm gon come thru 4 us tmrw
starfishies
18:43
absolutely
HumdrumSoreGecko
18:52
Any SMU waves soon? App status updated but nothing yet :)
19:15
2.9/17high splitter best shot?
19:15
2.9/17high splitter best shot?
MrThickRopes
19:35
bro got a 2.9 bro is NOT the thinker
starfishies
19:37
thats not nice
19:39
im dead😂
19:40
MrThickRopes
starfishies
19:40
washu would want u ;-;
19:41
Thank u!
[] c0bra1
20:40
is nyu doing tuesdays instead of wednesdays now
MrThickRopes
23:12
fuuuckkkk
MrThickRopes
23:12
mr thick. ropes is . wasteddddd
Just wnna say im proud of everyone who applied to schools this year! You’re amazing!!
Hi guys quick question
Has anyone applied to Jacksonville ?
Jacobdoeshisbest
1:24
Hi
whats up yall i have noone to tell that I just got a 169 on a practice test and I am so proud of myself. that's all
@DirtyQuackYak: Congrats but that's not good enough. 173 is the new 170 so do the math. Buckle up.
@CheerfulSpikyVole: Nah, no one would apply to that school that hangs around here.
@MrThickRopes: sounds like the next Dkk.
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