Land Use Control Flashcards
What is land use control and who actually does it?
How someone limits the use of your property:
- Government
- Individuals (homeowner, developers)
Why do we have land use control?
Monopolostic needs
Positive and Negative Externalities
Congestion and Urban Sprawl
Incomplete Information and Uncertainty
What are private controls and limits on real estate?
Easements (must be in writing to be valid)
Liens
Restrictive Covenants (Deed Restriction)
This type of easement benefits another person rather than a piece of property. An examples of this type of easement is a utility easement.
Easement in gross
Benefits a neighboring property.
Easement Appurtenent
The landowner who has the right to use the land of another.
Dominant Estate
The land that is “burdened” with the easement.
Serviant Estate
Permitted by a court order to gain access to a property. For example, say Property Owner A sells Buyer B a back portion of land but neglects to give Buyer B an easement for access. If A then refuses to give B the easement, B can go to court and get it by court order — an easement appurtenant.
Easement by necessity
An easement that is created by the actions of one person against the interests of another person. The forceful, involuntarily, and unwiilingly taking an easement.
Easement by prescription
The loss of your property or some rights of your property beause of continued use by someone else. Someone other than the owner uses a piece of property openly, publicly, and without the owners consent for a specified period of time.
Adverse possession
What are the requirements to qualify for adverse possession of property?
Hostile Actual Open and Notorious Continuous Exclusive
How long does it take for adverse possession to take place?
Generally between 5-10 yrs. It takes 20 years in Alabama
A hold or claim on a debtors property that could force the sale of that property (encumberance on title). List a few examples.
Liens (e.g. Mechanic lien, tax lien, mortgage lien, judgment)
A lien placed on your property for nonpayment for work you had done on the property; Involuntary and specific.
Mechanics Lien
Usually are created as a result of a court action.
Judgment Lien
Placed on real estate for unpaid real estate taxes; Involuntary and specific.
Tax Lien
A voluntary, specific lien. In fact, it’s the most common type of voluntary real estate lien. When you borrow money to buy or refinance a piece of real estate, you give the lender a lien against the property.
Mortgage Lien
Covenants placed on the deed that restricts use of property done by developer or former;
Restrictive Covenants (deed restrictions)
Examples of restrictive covenants
- Can’t put a pool in
- Can’t put a fence in the front yard
- Can’t have goats
- Can’t paint house yellow
- Minimum Square Feet Requirements (tiny house)