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An area variance allows property owners to make physical changes to a property their zoning requirements would typically restrict. Examples of area variances include: Putting up a new fence where fences arent customarily permitted. Building a structure closer to a roadway or property line than is permitted.
Investors use variance to see how much risk an investment carries and whether it will be profitable. Variance is also used in finance to compare the relative performance of each asset in a portfolio to achieve the best asset allocation. The square root of the variance is the standard deviation.
There are four common reasons why actual expenditure or income will show a variance against the budget. The cost is more (or less) than budgeted. Budgets are prepared in advance and can only ever estimate income and expenditure. Planned activity did not occur when expected. Change in planned activity. Error/Omission.
An example of a typical Variance is to allow someone to construct a new home closer to the rear property line than is permitted by the Zoning Code because the topography of the land does not permit them to build any other way.
Submit your application to your nearby planning department. You can mail your request to the Los Angeles City Planning department or take it to them directly. Their offices are located at 201 N Figueroa St. in Los Angeles, CA.
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A use variance allows you to use or operate your property in a manner typically restricted by zoning requirements. Examples of use variances are: Renovating a single-family home into a multifamily home. Opening a commercial business in a residential district.
A variance is a request for relief from the strict application of zoning regulations to alleviate an unusual hardship to a particular property. For example, a homeowner may request that a room addition be permitted closer to the property line than the Zoning Ordinance would normally allow.

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