Rezoning
Commercial property & real-estate term
The amendment of the classification of a property under use and building by-laws or ordinances. For example, a property may rezoned from residential to business to allow for offices to be developed.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “R”
Rent-free period Reserve price Redevelop Renewal option Remodel Right of first refusal Renovate Reverse leverage