Unit 20: land-use controls and real estate investment Flashcards

1
Q

buffer zone

A

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.

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2
Q

building code

A

An ordinance that specifies minimum standards of construction for buildings to protect public safety and health.

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3
Q

building permit

A

Written governmental permission for the construction, alteration, or demolition of an improvement, showing compliance with building codes and zoning ordinances.

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4
Q

certificate of occupancy

A

Permission by the municipal inspector to occupy a completed building structure after being inspected and having complied with building codes.

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5
Q

conditional-use permit

A

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.

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6
Q

density zoning

A

Zoning ordinances that restrict the max average number of housing units per acre that may be built within a particular area, generally a subdivision.

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7
Q

developer

A

On who attempts to put land to its most profitable use through the construction of improvements.

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8
Q

enabling acts

A

State legislation that confers zoning and other powers on municipal governments.

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9
Q

Interstate Land sales full disclosure act (ILSA)

A

A federal law that requlates the sale of certain real estate in interstate commerce.

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10
Q

laches

A

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.

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11
Q

master plan

A

A comprehensive governmental plan to guide the long-term physical development of a particular area.

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12
Q

nonconforming use

A

A use of property that is permitted to continue after a zoning ordinance prohibiting it has been established for the area.

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13
Q

occupancy permit

A

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.

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14
Q

restrictive covenant

A

A clause in a deed that limits the way the real estate ownership may be used.

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15
Q

setback

A

the amount of space local zoning requlations require between a lot line and a building.

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16
Q

subdivision

A

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

17
Q

subdivider

A

one who buys undeveloped lad, divides it into smaller, usuable lots and sells the lots to potential users.

18
Q

variance

A

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.

19
Q

zoning

A

a regulatory tool that helps communities regulate and control how land is sued.

20
Q

zoning board of appeals

A

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.

21
Q

zoning ordinance

A

An exercise of police power by a municipality to regulate and control the charcter and use of property.