Zoning is a device of land use planning used by local governments. Zoning may be use-based (regulating the uses to which
land may be put), or it may regulate building height, lot coverage, and
similar characteristics, or some combination of these.
The primary purpose of zoning is to segregate land uses that
are thought to be incompatible. In practice, zoning is used to prevent
new development from interfering with existing residents or businesses and to preserve the "character" of a community or neighborhood.
It is a commonly accepted practice for home buyers to purchase title insurance. Title insurance provides buyers, and their lenders with coverage up to the full purchase price of a home in the event a valid title claim is instituted against the property. Buyers of co-ops, however, rarely purchase title insurance.
Since co-op buyers are not purchasing real estate, but rather shares in a corporation – accompanied by a proprietary lease that gives the buyer the right to live in the co-op, traditional title insurance would not cover the buyer's ownership interest in the shares.