Ballast Sample Question Review Study Flashcards
Often for public interest
For use not to be permitted
Conditional use permit
Restriction for private communities.
Written in deed.
Covenant
National Nederlanden Building
Aka
Dancing house
Most accurate assessment
Compare with similar for sale
Relies on available data
Comparison method
Market data approach
These approaches to assessment are used if market data is not available
Development method
Residual method
Allocation method
Human eye has an angle of
130 degrees
Urban Center no longer relevant 1932
Each family one acre
Build and grow own food
Automobile
Broadacre city
Specific form design build Secure fixed-price early Responsibility of details to contractor Advice and participation of an architect - produces drawings to dd phase - contractor develop CDs and is architect of record
Bridging
When direct costs increase because of more equipment and hours and supervision
And overhead costs decrease because of rentals and daily salaries
Resulting from the critical path being shortened
Commits buyer to perform specific duty in the future
Affirmative covenant
If restrictions on deed are not followed, land will revert back to original owner
Conditional covenant
Permission from zoning board
For an unzoned use
To serve public
Ex. Hospital in residential neighborhood
Conditional use permit
Granted by 5th amendment
May be granted to private if serving public interest
Eminent domain
Process of relocation
Associated w eminent domain
Condemnation
Similar to riparian rights but apply only along shores of oceans and navigable lakes
Littoral rights
Contractor cost that cannot be attributed to a specific project
General overhead
Contractors cost of bonds/ insurance / permits / transportation/ site facilities
Project overhead
Total overhead is typically
5-20%
Retainage substantial completion often equals
Profit for the job
5 to 20%
Typically 10%
Building cost:
Typically taller building has a greater
Unit cost
Elevators, sprinklering, structure
