land use control Flashcards
property taxes
The collected taxes are used to support and fund government services such as public schools, police and fire departments, and other necessary public services.
documentary transfer tax
a tax levied by a county or city when properties transfer ownership
special assessments
one-time taxes levied on properties to pay for improvements that, ideally, will increase the overall value on the properties benefiting from and paying for the special assessment
public ownership
defined as government ownership of lands, streets, public buildings, utilities, and other business enterprises
moratorium
a temporary suspension of the development of a property.
three most common types of zoning ordinances
residential, commercial, industrial
moratorium
is a temporary suspension of the development of a property.
Interstate Land Sales Full Disclosure Act
a federal law that regulates the interstate (across state lines) sale of unimproved lots.