Unit 20: land-use controls and real estate investment Flashcards
buffer zone
a strip of land, usually used as a park or designated for a similar use, separating land dedicated to one use from land dedicated to another use.
building code
An ordinance that specifies minimum standards of construction for buildings to protect public safety and health.
building permit
Written governmental permission for the construction, alteration, or demolition of an improvement, showing compliance with building codes and zoning ordinances.
certificate of occupancy
Permission by the municipal inspector to occupy a completed building structure after being inspected and having complied with building codes.
conditional-use permit
Written governmental permission allowing a use inconsistent with zoning but necessary for the common good, such as locating an emergency medical facility in a predominantly residential area.
density zoning
Zoning ordinances that restrict the max average number of housing units per acre that may be built within a particular area, generally a subdivision.
developer
On who attempts to put land to its most profitable use through the construction of improvements.
enabling acts
State legislation that confers zoning and other powers on municipal governments.
Interstate Land sales full disclosure act (ILSA)
A federal law that requlates the sale of certain real estate in interstate commerce.
laches
An equitable doctrine used by courts to bar a legal claim or to prevent the assertion of a right because of undue delaey or failure to assert the claim or right.
master plan
A comprehensive governmental plan to guide the long-term physical development of a particular area.
nonconforming use
A use of property that is permitted to continue after a zoning ordinance prohibiting it has been established for the area.
occupancy permit
A permit issued by the appropriate local governing body to establish that the property is suitable for habitation by meeting certain safety and health standards.
restrictive covenant
A clause in a deed that limits the way the real estate ownership may be used.
setback
the amount of space local zoning requlations require between a lot line and a building.
subdivision
A tract of land divided by the owner, known as the subdivider, into blocks, building lots, and streets according to a recorded subdivision plat, which must comply with local ordinances and regulations
subdivider
one who buys undeveloped lad, divides it into smaller, usuable lots and sells the lots to potential users.
variance
Permission obtained from zoning authorities to build a structure or conduct a use that is expressly prohibited by the current zoning laws; an exception from the zoning ordinances.
zoning
a regulatory tool that helps communities regulate and control how land is sued.
zoning board of appeals
A board that must be formed when the local legislature adopts a new zoning law, to provide for property owners to object to the application of the law to their property.
zoning ordinance
An exercise of police power by a municipality to regulate and control the charcter and use of property.
