Chapters 6-10 Flashcards

1
Q

A comprehensive plan, also known as a master plan

A

helps localities establish and enforce rules that dictate how development occurs. The plan establishes a framework for the legal resolution – a document that regulates the use of real property by defining certain limits on land use. Covers things such as occupancy limits, parking structures, suburban and rural residential districts and both commercial and private land use.

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2
Q

Building Envelope

A

the maximum three-dimensional space on a zoning lot within which a structure can be built, as permitted by applicable height, setback and yard controls.

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3
Q

Floor Area Ratio (FAR)

A

the principal bulk regulation controlling the size of buildings. FAR is the ratio of total building floor area to the area of the zoning lot. Each zoning district has a FAR control which, when multiplied by the lot area of the zoning lot, produces the maximum amount of floor area allowable in a building on the zoning lot.

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4
Q

Lot Area

A

The area (in square feet) of a zoning lot

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5
Q

Lot Coverage

A

That portion of a zoning lot which, when viewed from above, is covered by a building.

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6
Q

Variance

A

The authorization to improve or develop a particular property in a manner not authorized by zoning.

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7
Q

Yard Setbacks

A

A required open area along the property lines of a zoning lot, which must be unobstructed from the lowest level to the sky. Yard setbacks ensure light and air between buildings.

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8
Q

Zoning

A

The separation or division of a city or town into districts, the regulation of buildings and structures in such districts in accordance with their construction and the nature and extent of their use, and the dedication of such districts to particular uses designated to serve the general welfare.

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9
Q

Zoning District

A

A mapped residential, commercial, or manufacturing district with similar use, bulk and density regulations.

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10
Q

Zoning Maps

A

Maps that indicate the location and boundaries of zoning districts within a municipality.

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11
Q

Zoning Ordinance

A

A statement setting forth the type of use permitted under each zoning classification and specific requirements for compliance. They commonly regulate what uses are allowed on a particular property, the minimum and maximum size of a property, how densely a property can be developed, and the maximum building size that can be built on a property

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12
Q

Subdivision Regulations

A

The control of the division of a tract of land into individual lots by requiring development according to specific standards and procedures adopted by local ordinances.

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13
Q

Building Code

A

A systematic regulation of construction of buildings within a municipality established by ordinance or law.

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14
Q

Certificate of Occupancy

A

A document issued by a local government agency after satisfactory inspection of a structure authorizing that the structure can be occupied.

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15
Q

Governmental Powers in Real Estate

A

“PETE” Police Power - Eminent Domain - Taxation - Escheat

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16
Q

Police Power

A
  • the right of the United States government to make laws, and to enforce those laws, to ensure the order, safety, health, morals and general welfare of citizens of the United States.
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17
Q

Eminent Domain

A

the right the United States federal and state governments must take private land or private property for public use or economic development. When eminent domain powers are used, the property owner has the right to receive “just compensation” for the taking of their property.

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18
Q

Taxation

A

Any person, corporation or other organization that owns real estate must pay property taxes every year

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19
Q

Escheat

A

property that was publicly owned reverting to the state when there are no identifiable heirs capable of assuming ownership of the property. If a property owner dies and did not leave a valid will or named beneficiaries, that property owner did not have any identifiable heirs under state law, the property would escheat to the state.

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20
Q

Freehold estate

A

refers to the right to own land, or an interest derived from land, with no fixed time period associated with the ownership

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21
Q

Condemnation

A

The act of taking private property for public use by a political subdivision upon payment to owner of just compensation.

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22
Q

Fee Simple Absolute

A

An inheritable estate in land providing the greatest interest of any form of title.

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23
Q

Fee Simple Determinable

A

An estate that will end automatically when the stated event or condition occurs. The interest will revert to the grantor or the heirs of the grantor.

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24
Q

Fee Simple Estate

A

The greatest interest that one can have in real property. An estate that is unqualified, of indefinite duration, freely transferable and inheritable

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25
Q

Life Estate

A

An estate or interest in real property, which is held for the duration of the life of some certain person. It may be limited by the life of the person holding it or by the life of some other person.

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26
Q

Life Tenant

A

The owner of a life estate.

27
Q

Remainder

A

An estate which takes effect after the termination of the prior estate, such as a life estate. A future possessory interest in real estate.

28
Q

Remainderman

A

A person who inherits or is entitled to inherit property upon the termination of the estate of the former owner.

29
Q

Reversionary Interest

A

The interest which a person has in lands or other property, upon the termination of the preceding estate. A future interest.

30
Q

Accretion

A

Accession by natural forces, e.g., alluvium

31
Q

Alluvium

A

The gradual increase of the earth on a shore on an ocean or bank of a stream resulting from the action of the water.

32
Q

Erosion

A

The wearing away of land by the act of water, wind, or glacial ice.

33
Q

Littoral Rights

A

The right of a property owner whose land borders on a body of water, such as a lake, ocean or sea, to reasonable use and enjoyment of the shore and water the property borders on.

34
Q

Riparian Rights

A

The right of a landowner whose land borders on a stream or watercourse to use and enjoy the water which is adjacent to or flows over the owner’s land provided such use does not injure other riparian owners.

35
Q

Encumbrance

A

Anything which affects or limits the fee simple title to or value of property, e.g., mortgages or easements.

36
Q

Covenants, Conditions, and Restrictions (CC&Rs)

A

The basic rules establishing the rights and obligations of owners of real property within a subdivision or other tract of land in relation to other owners within the same subdivision or tract and in relation to an association of owners organized for the purpose of operating and maintaining property commonly owned by the individual owners.

37
Q

Deed Restrictions

A

Limitations in the deed to a property that dictate certain uses that may or may not be made of the property.

38
Q

Dominant Tenement

A

A parcel of real property that has an easement over another piece of property (the servient estate).

39
Q

Easement

A

A right, privilege or interest limited to a specific purpose which one party has in the land of another.

40
Q

Easement Appurtenant

A

An easement that benefits the dominant estate and “runs with the land”. In other words, an easement appurtenant generally transfers automatically when the dominant estate is transferred

41
Q

Easement by Condemnation

A

An easement created by the government or government agency that has exercised its right under eminent domain

42
Q

Easement by Grant

A

The creation of an easement by one party expressly transferring the easement to another party.

43
Q

Easement by Implication

A

An easement that is not created by express statements between the parties; but as a result of surrounding circumstances that dictate that an easement must have been intended by the parties

44
Q

Easement by Necessity

A

Parcels without access to a public way may have an easement of access over adjacent land if crossing that land is absolutely necessary to reach the landlocked parcel and there has been some original intent to provide the lot with access.

45
Q

Easement by Prescription

A

Implied easements granted after the dominant estate has used the property in a hostile, continuous, and open manner for a statutorily prescribed number of years.

46
Q

Easement in Gross

A

An easement that benefits an individual or legal entity, rather than a dominant estate.

47
Q

Servient Tenement

A

A parcel of real property that is encumbered by an easement of a dominant estate.

48
Q

Encroachment

A

An unlawful intrusion onto another’s adjacent property by improvements to real property, e.g., a swimming pool built across a property line.

49
Q

Estate at Sufferance

A

An estate arising when the tenant wrongfully holds over after the expiration of the term. The landlord has the choice of evicting the tenant as a trespasser or accepting such tenant for a similar term and under the condition of the tenant’s previous holding. Also called a tenancy at sufferance

50
Q

Estate at Will

A

The occupation of lands and tenements by a tenant for an indefinite period, terminable by one or both parties.

51
Q

Estate For Years

A

An interest in lands by virtue of a contract of a contract for the possession of them for a definite and limited period of time. May be for a year or less. A lease may be said to be an estate for years. Rent may be paid monthly, quarterly, annually, or in any other kind of installments spelled out in the lease

52
Q

Leasehold Estate

A

A tenant’s right to occupy real estate during the term of the lease. This is a personal property interest.

53
Q

Lessee

A

One who contracts to rent, occupy, and use property under a lease agreement; a tenant.

54
Q

Lessor

A

An owner who enters into a lease agreement with a tenant; a landlord.

55
Q

Periodic Estate

A

An interest in land where there is no definite termination date but the rental period is fixed at a certain sum per week, month, or year. Also called an estate from period to period

56
Q

Graduated Lease

A

A lease which provides for a varying rental rate, often based upon a future determination; sometimes rent is based upon the result of periodic appraisals; used largely in long-term leases.

57
Q

Gross Lease

A

A lease in which the lessor pays all costs of operating and maintaining the property and real estate taxes. Tenant: residential leases are gross leases and some commercial leases are gross leases

58
Q

Ground Lease

A

An agreement for the use of land only (not a structure or unit of a building,), sometimes secured by improvements placed on the land by the user. ground leases cover a long time period – often between 50 and 99 years

59
Q

Net Lease

A

A lease requiring a lessee to pay charges against the property such as taxes, insurance, and maintenance costs in addition to rental payments. Tenant: Net leases are very common for some office tenants and other companies leasing commercial space to run their businesses.

60
Q

Percentage Lease

A

Lease on the property, the rental for which is determined by the amount of business done by the lessee; usually a percentage of gross receipts from the business with provisions for a minimum rent

61
Q

Oil and gas lease

A
  • Under an oil and gas lease, the lessor (landowner) and the lessee (the oil and gas company) agree that the lessee will have access to the oil and gas on the lessor’s property
62
Q

Lease

A

A contract between an owner and tenant, setting forth conditions upon which the tenant may occupy and use the property and the term of the occupancy.

63
Q

Actual Eviction

A

The removal of a tenant by the landlord because the tenant breached a condition of a lease or another rental contract.

64
Q

Constructive Eviction

A

Any disturbance of the tenant’s possession of the lease premises by the landlord whereby the premises are rendered unfit or unsuitable for the purpose for which they were leased.