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122 Principles of Real Estate II > Principle II Chapter 4 > Flashcards

Principle II Chapter 4 Flashcards

1
Q

These CC&Rs might, for example, dictate roofing material and color, prohibit certain varieties of plants, or place restrictions on the number of pets allowed on each property.
A. True
B. False

A

A. True.

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2
Q

A structure that is in existence before a new zoning law is always in compliance with the new zoning law.
A. True
B. False

A

B. False.

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3
Q

The building is said to be “grandfathered” under a variance.
A. True
B. False

A

B. False.

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4
Q

A person wishing to build in a zone must first obtain a building permit from the city controlling the zoning.
A. True
B. False

A

A. True

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5
Q

Buildout is the maximum amount of development on a given site allowed by zoning regulations.
A. True
B. False

A

A. True

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6
Q

A dwelling unit is always a condo.
A. True
B. False

A

B. False

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7
Q

A mixed-use property is always a retirement property that required owners of the homes to be over 65.
A. True
B. False

A

B. False

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8
Q

The number of parking spaces provided per unit of housing is the parking ratio.
A. True
B. False

A

A. True

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9
Q

A minimum distance required by zoning to be maintained between two structures or between structure and property lines is setbacks.
A. True
B. False

A

A. True

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10
Q

Escheat is often now applied to the transfer of the title to a person’s property to the state when the person dies intestate without any other person capable of taking the property as heir.

A. True
B. False

A

A. True

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11
Q

In defeasible fee estates the grantor gives land to the grantee, subject to certain conditions.

A. True
B. False

A

A. True

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12
Q

An abandoned parcel of land that is contaminated is a(n) brownfield.

A. True
B. False

A

A. True

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13
Q

An easement is the right to use property owned by another

A. True
B. False

A

A. True

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14
Q

An open area where there has been no prior industrial or commercial activity is a(n) greenfield.

A. True
B. False

A

A. True

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15
Q

Radon is present in almost all rock , soil, and water.

A. True
B. False

A

A. True

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16
Q

The Comprehensive Environmental Response, Compensation, and Liability Act was passed in 1980. The Act created the Superfund.

A. True
B. False

A

A. True

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17
Q

The haphazard growth of a city resulting from uncontrolled or poorly managed development is The haphazard growth of a city resulting from uncontrolled or poorly managed development is
urban sprawl.

A. True
B. False

A

A. True

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18
Q

A strip of land designed for use as certain transportation and public use facilities including roadways, railroads, and utility lines is a right-of-way.

A. True
B. False

A

A. True

19
Q

An abandoned parcel of land that is contaminated is a(n) ________________________.

A Brownfield
B Greenfield
C Empty Field
D None of the above

A

A Brownfield

20
Q

An open area where there has been no prior industrial or commercial activity is a(n) __________.

A Brownfield
B Greenfield
C Empty Field
D None of the above

A

B Greenfield

21
Q

Radon is present in almost all rock, soil, and water.

A True
B False

A

A True

22
Q

The Comprehensive Environmental Response, Compensation, and Liability Act was passed in 1980. The Act created the _____________________.

A Clean up fund
B Superfund
C Hero Fund
D Non of the above

A

B Superfund

23
Q

Urea-formaldehyde foam insulation was used in homes _______________________________.

A From 1940-1949
B From 1930-1970
C From 1932-1952
D Non of the above

A

B From 1930-1970

24
Q

Urban sprawl is the haphazard growth of a city resulting from uncontrolled or poorly managed development.

A True
B False

A

A True

25
Q

A strip of land designed for use as certain transportation and public use facilities including roadways, railroads, and utility lines is a ________________________.

A Strip Mall
B Right-of-way
C Median
D All of the Above

A

B Right-of-way

26
Q

In order to do something with a property that is not allowed by zoning laws, what do you need?

A. To be grandfathered

B. A variance

C. A special-use permit

D. A non-conforming use permit

A

B. A variance

27
Q

Which statement best defines reliction?

A. A sudden cutting off of land by flood, currents, or change in course of a body of water
B. The gradual recession of water leaving land permanently uncovered
C. The process of growth or enlargement by a gradual buildup: such as the increase of land by the action of natural forces.
D. The action of receding

A

B. The gradual recession of water leaving land permanently uncovered

28
Q

Downzoning is the rezoning of land–normally over the objection of the landowner–to a less intensive use.

A. True

B. False

A

A. True

29
Q

Which item does NOT apply to public controls?

A. Zoning

B. Subdivision regulations

C. Building codes

D. Deed restrictions

A

D. Deed restrictions

All others are examples of public controls. Environmental protection laws would also be examples of public controls.

30
Q

The Interstate Land Sales Full Disclosure Act ( ISLFDA or ISLA of 1968) is a federal law passed in response to abuses in the sale and development of large subdivision projects.

A. True
B. False

A

A. True

The Interstate Land Sales Full Disclosure Act is intended to protect buyers from dishonest practices in situations when the normal regulator (an individual state) does not have jurisdiction.

31
Q

An escheat occurs when the deceased person has no will, no relatives, and no survivors to whom the property would otherwise go.

A. True
B. False

A

A. True

32
Q

Eminent domain is the right of a government authority to take private property for public use without paying fair compensation to the owner.

A. True
B. False

A

B. False

33
Q

Easement by prescription refers to an easement created by the open, notorious, uninterrupted, hostile, and adverse use of another’s land for a period set by statute.

A. True
B. False

A

A. True

34
Q

Police powers is a general term that expresses the fundamental power vested in the federal government to limit and regulate the exercise of private rights in the interest of public health, public morals, public safety, and the general welfare of the community.

A. True
B. False

A

B. False

Police powers are not federal powers, but powers granted to states in the 10th Amendment to the U.S. Constitution.

35
Q

A small corner grocery store had existed before the land was zoned residential by a new zoning ordinance. The grocery store is an example of:

A. A nonconforming use

B. A variance

C. Spot zoning

D. A planned unit development

A

A. A nonconforming use.

The owner of the store has received a nonconforming use permit and can continue to operate the store. When the property is sold the new owner will need a variance to continue to operate the store.

36
Q

The zoning of a parcel of land was changed from apartment zoning to single-family residential use only. Which of the following statements is true?

A. The rezoning constituted downzoning.
B. The owner would be compensated for the loss of land value.
C. This is an example of a building code.
D. Apartment zoning cannot be changed.

A

A. The rezoning constituted downzoning.

37
Q

The right that the city has to zone comes from the state’s
police power and is a public restriction on the property

A. True
B. False

A

A. True

38
Q

Zoning can be changed. The Rezoning Request can be filed by the:

A Property owner
B City Council
C Planning Commission/Zoning and Platting Commission
D Historic Landmark Commission.
E  All of the above
A

E All of the above

39
Q

Reasons variances might be given in which situation

A Setback Requirements
B Required number of parking spots
C Minimum Square Footage
D All of the Above

A

D All of the Above

40
Q

A greenbelt is a policy used in zoning to retain areas of wild or agricultural land surrounding neighboring urban areas

A. True
B. False

A

A. True

41
Q

Mixed-Use: Zoning which allows various uses in the same building or on the same building site. In a mixed-use zoning, the uses could be commercial, industrial, or residential.

A. True
B. False

A

A. True

42
Q

Mixed-Use: Zoning which allows various uses in the same building or on the same building site. In a mixed-use zoning, the uses could be commercial, industrial, or residential.

A. True
B. False

A

A. True

43
Q

Which of the following are required disclosure in the Sellers Disclosure Notice

A Asbestos & Radon
B Mold
C Asbestos, radon, urea-formaldehyde and mold
D None of the above

A

C. Asbestos, radon, urea-formaldehyde and mold

122 Principles of Real Estate II (14 decks)

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