Traditional Vs Zero Lot Line Properties Pranav Khemka
When you purchase a property, there are various considerations that need to be made along the way. For instance, the purchase price and location of the home. One consideration that is often overlooked by purchasers is the type of “home plot” they desire. There are two types of home plots – traditional and zero lot line.
Traditional Lot Properties
Traditional lot homes are the most common type of home plot. In a traditional lot home, the home is created at the center of the lot. This provides for additional space on the lot on each side of the home. If a buyer decides to, at a later date, build or extend a structure on their property (ex: a deck or garage) then they have additional space to do so without worrying about encroaching structures into neighboring lands.
Zero Lot Line Properties
Conversely, zero lot line properties exist when the home is built on one or more property lines. Since the home is built against a property line, a buyer can purchase a larger home on a similar sized lot but at a cheaper price – when compared to a traditional lot property of the same size. However, since the home is built against a property line, it is not uncommon to see that various components of the home, on the side against the property line, encroach onto neighboring lands – for example, eaves. As a consequence, a Real Property Report (“RPR”) for a zero lot line home may show numerous encroachments that may need to be resolved prior to a purchase contract being finalized or a real estate deal closing.
If you have any questions concerning traditional and zero lot line properties, please don’t hesitate to contact Khemka Law or counsel of your choosing. If there’s a topic you’d like us to cover, please let us know! We are always here to assist you. Thank you for taking time to read this Thursday Tidbit.
Pranav Khemka, Barrister & Solicitor
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