General Concepts of Land Use and Investment Flashcards
1
Q
Public Land-use Controls are…
A
These are government-issued land-use controls such as zoning ordinances, subdivision regulations, and building codes.
2
Q
Private Land-use Controls are…
A
Private land-use controls are put into place by non-governmental entities, such as real estate developers — most commonly, these come in the form of deed restrictions.
3
Q
Government Ownership of Land refers to…
A
This concerns the government’s role in owning and maintaining public lands such as streets, highways, and parks.
4
Q
Assemblage is…
A
The act of combining parcels
5
Q
Plottage is…
A
the increase in value by assemblage
6
Q
The formula for months of inventory:
A
supply of houses/average homes sold per month
7
Q
A
