If I have a building that does not comply with todays zoning standards on my property, can I rebuild the building if it has been damaged or destroyed?
Yes. The building may be rebuilt if the costs of repairs are less than 37% of the current fair market value of the building, not including land. However, if the cost of repairs exceeds 37% of fair market value, then the building will have to be built to conform to the current zoning, building, and fire codes.
Related Questions
- If I have a building that does not comply with todays zoning standards on my property, can I rebuild the building if it has been damaged or destroyed?
- A building constructed in 1981 with federal funds was destroyed. What standards do I need to use to rebuild?
- What standards does the SMSC have when it comes to zoning, building, or development of its lands?
