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Real Estate Terms > Unit 9: Land-Use Regulations and Environmental Issues > Flashcards

Unit 9: Land-Use Regulations and Environmental Issues Flashcards

1
Q

asbestos

A

now-banned hazardous mineral once used for insulation

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2
Q

building codes

A

standards for construction

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3
Q

building permit

A

permission for construction

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4
Q

carbon monoxide

A

a colorless, odorless gas that occurs as a result of fuel burning; poisoning as been linked to dizziness, nausea, and death

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5
Q

CERCLA

A

Comprehensive Environmental Response, Compensation, and Liability Act of 1980

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6
Q

certificate of compliance

A

inspector’s approval for human habitation

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7
Q

certificate of occupancy (CO)

A

inspector’s approval for human habitation

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8
Q

condemnation

A

court action by which government takes property

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9
Q

deed restriction

A

limit on use of property set by the seller

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10
Q

Department of Environmental Protection (DEP)

A

NJ agency overseeing natural resources

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11
Q

eminent domain

A

government’s power to take property for public use

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12
Q

escheat

A

reversion of property to the state when intestate owner dies without heirs

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13
Q

exclusionary zoning

A

discriminatory regulations

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14
Q

inverse condemnation suit

A

action taken by a property owner when a government action severely limits how the property may be used

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15
Q

lead-based paint

A

once widely used wall covering containing a now-banned metal

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16
Q

master plan

A

primary method by which local governments recognize developmental goals

17
Q

nonconforming use

A

existing use that doesn’t meet current zoning standards

18
Q

police power

A

government’s right to regulate for health and safety

19
Q

radon

A

a natural occurring radioactive gas

20
Q

urea-formaldehyde

A
21
Q

variance

A

a use that does not meet zoning requirements

22
Q

zoning ordinances

A

municipal restriction on uses of real estate in various areas

Real Estate Terms (12 decks)

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