Now that approval of the zoning variance has been confirmed by the seller's lawyer,William's company is completing its purchase of a vacant piece of land for commercial development.Which of the following is the valid reason for William's company having made the possibility of the completion of this transaction subject to this requirement?

Question

Quizplus · Accepted Answer

The valid reason for William's company having made the possibility of the completion of this transaction subject to a zoning variance is a restriction on land use by municipal regulation. Municipalities are responsible for regulating land use within their jurisdiction, and a zoning variance is a legal way to obtain permission to use a piece of land in a way that deviates from the normal zoning rules. This is distinct from other types of restrictions such as provincial statutory restrictions or common law.

Now That Approval of the Zoning Variance Has Been Confirmed