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Updated 8 months ago on . Most recent reply
Zoning Regulations affect on sales.
Selling a house from my father's estate. According to city hall, the house is zoned for singly family, but it has been a duplex since my Dad bought in 1972. I have a very interested buyer and sale is hinging on this point, at the moment. Can I sell the house despite the fact that it is nonconforming to zoning laws in Peoria IL?
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I just looked up definitions for Multifamily housing.
It appears @Bill Gulley is correct. The HUD definition of the word multi-family is 5 or more units.
I was confused because most people, including investors (and most sources I could find) define multi-family as two or more units.
It is sort of like the tomato analogy: when discussing zoning and laws, 2-4 units are not multi family, in pretty much any other context they are.
(Even though that definition is technically wrong as Bill pointed out)
Hopefully my wife never goes to BP, because here it goes: "I was wrong"