National 2 Vocabulary Flashcards
The minimum distance from a property line at which building can occur
Set Back
A court action to remove a cloud on a title.
Quiet Title Action
The right to another’s property for a specific purpose
Easement
A claim, right or interest held by one who is not the legal owner of the land
Encumburance
Area separating two incompatibly zoned areas from each other
Buffer zone
An area set off by municipal authorities for specific use (Residential, Commercial, Agricultural, Industrial, Special Purpose)
Zone
A use which pre-dates the zoning ordinance
Non-conforming use
A use granted in violation of the zoning ordinance
Variance
Other names for Deed Restrictions
Restrictive covenants
The parcel benefiting from an easement appurtenant
Dominant Parcel
A written promise
Covenant
Easement held by one owner across an adjacent property
Easement Appurtenant
Easement held by a third party (not an adjoining owner)
Easement in Gross
Two types of general involuntary liens
Income tax lien and Judgement
Restriction on use created by an owner or developer
Deed Restrictions
The parcel encumbered by an easement appurtenant
Servient Parcel
An easement personal is a form of…
License
Three ways to terminate an easement
Merger, quit claim deed, and court action
Acquisition of ownership by hostile use of another’s property
Adverse Possession
The physical trespass of a building onto another property
Encroachment
A lien placed on real estate by operation of law
Involuntary Lien
A lien placed on property with the owner’s permission
Voluntary Lien
A claim (or money encumbrance) against property to secure a debt.
Lien
Liens that affect individual parcels of land
Specific Lien
Liens that affect all of a person’s real & personal property
General Liens
Liens that affect all of a person’s real & personal property
Taxes, Assessments, and Mechanics’ Liens
Formula for area of a rectangle
Area = Length x Width
Formula for area of a triangle
Area = One-half x Base x Height
Formula for perimeter of a parcel
Perimeter = Side + Side + Side… (Use ALL sides)
Perimeter = Side + Side + Side… (Use ALL sides)
5,280 feet
of square feet in an acre
43,560 square feet
Formula for volume of a rectangular solid
Volume = Length x Width x Height