Subdivision and Development Flashcards
Unit 18, Page 337
Combining two or more lots into one larger parcel.
Assemblage
Assemblage
Combining two or more lots into one larger parcel.
Opposite of subdivision
Assemblage
When the result of assemblage is that the large tract is worth more than the total of the individual lots had been.
Plottage value
Plottage value
When the result of assemblage is that the large tract is worth more than the total of the individual lots had been.
When is a development classed as a subdivision?
As soon as the second lot is sold off a larger parcel.
Impact fees
Fees that a developer has to pay to help a community cope with increased demand for schools and other services.
Halt to further development in the area.
Moratorium
What does density zoning regulate?
The average maximum number of houses per acre that may be built within a particular subdivision.
What does the Highlands Water Protection and Planning Act protect?
NJ’s drinking water.
What protects NJ’s drinking water?
Highlands Water Protection and Planning Act
Warranty and Builders Registration Act
States that all builders of new homes must register a warranty against new home defects for varying periods up to 10 years.
Where do smoke detectors need to be located?
On each level of the dwelling and within ten feet of every sleeping quarter.