Cooperatives, Condos, and Zoning Flashcards

1
Q

Cooperative

A

title to the land and buildings is held by a corporation that leases individual apartments to its shareholders.

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2
Q

Condominium

A

each owner owns the interior of his individual unit plus an undivided interest in the exterior and common areas.

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3
Q

Cumulative Zoning

A

creates a hierarchy of land uses, where land can be used for its stated purpose or any higher purpose.

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4
Q

Nonconforming Zoning

A

land may only be used for the purpose it is designated for.

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5
Q

Special Use Permit

A

a permit which must be obtained even though the zoning is proper for the intended use. This is usually for hospitals, funeral homes, etc.

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6
Q

Variance

A

a departure from the literal restrictions of a zoning ordinance granted by administrative action.

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7
Q

Nonconforming Use

A

a use that exists at the time of the passage of a zoning ordinance and that does not conform to the purpose of the ordinance cannot be eliminated at once.

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