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glossary - Z
Zero Percent Financing
It’s a loan with no interest in the contract. The IRS
charges 10 percent for both borrower and lender.
Zone
A geographic area reserved and defined by local ordinance
for specific limited use. Zones are almost always subject
to certain restrictions or conditions.
Zoning
The right of a society, under its police power, to state the
use of possessions within its restrictions.
Zoning Ordinances
It’s the acts of an authorized local government establishing
building codes, and setting forth regulations for property
land conventions.
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