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WV Real Estate Exam 7- End > Unit 20 - Land Use Control And Property Development > Flashcards

Unit 20 - Land Use Control And Property Development Flashcards

1
Q

Government land ownership in USA

A

28%

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2
Q

Government create legislation

A

For public health safety abs welfare

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3
Q

Enabling acts

A

Government delegates that power to smaller municipalities so that can enact law / ordinance

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4
Q

Comprehensive plan

A

Master plan

Towns goals

Land use
Housing needs 
Movement of people and good 
Community facilities and utilities 
Energy conservation
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5
Q

Zoning ordinances

A

Government. Public land use control

Regulate the use of lot 
Lot size
Types of structures 
Building heights 
Minimum boundary distance 
Ratio of land and structure 
Protection of natural resources
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6
Q

Zoning classifications

A

Residential
Commercial
Agricultural
Industrial

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7
Q

PUD

A

Planned unit development
Has many zones

Store front with apartment on top

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8
Q

14th amendment

A

Can’t deprive someone of their property without process of law

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9
Q

5th amendment

A

Takings clause

Government can take any land(eminent domain) but they have to pay for it. Fair compensation

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10
Q

Eminent domain vs condemnation

A

Eminent domain- the right

Condemnation- the process

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11
Q

Inverse condemnation

A

Sue government because the value of property is lessened through their actions

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12
Q

Buffer zones

A

Landscape parks

Separates residential and non residential

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13
Q

Bulk zoning

A

Avoid overcrowding

Restrictions on new construction

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14
Q

Aesthetic zoning

A

Specify specific types of zoning

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15
Q

Incentive zoning

A

Ensure certain uses are incorporated into developments

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16
Q

Zoning permits

A

These violate zoning law, but have been permitted

Nonconforming use - grandfathered in.

17
Q

Conditional use

A

Benefits the entire community

Voted on

18
Q

Variance

A

Benefits one person. Garage shop

Voted on

19
Q

Building codes

A

Construction standard

Locally made

20
Q

Building permits

A

Before any additions are out on your house

First

21
Q

Certificate of occupancy

A

After building permit. After construction is done

22
Q

Impact fees

A

Charged ahead of time for anticipated development expenses(taxes)

23
Q

Land plan

A

Before any thing is done

24
Q

Subdivision plan

A

Breaking up lots

25
Q

Plat map

A

Draw a plat map using land and subdivision plans

26
Q

Density

A

Avoid overcrowding- developing land. Ex. No more than 4 house per acre

Bulk zoning

27
Q

Curvilinear street pattern

A

Odd lot sizing. More greenery and open space. Help accomplish density zoning

28
Q

Clustering

A

Reducing size of lots around street patterns to increase open space

29
Q

Private land use controls

A

Deed restrictions - last forever

Restrictive covenants - can expire

Cc&r - can expire

Private in nature

30
Q

Laches

A

Right was lost

31
Q

Injunctive relief

A

Taken to court for violating private land use

32
Q

Dodd frank act 2011

A

CFPB formed

33
Q

Interstate land dales full disclosure act- ilsa

A

Developers need to file statement of record with CFPB before offer lot for sale via interstate

Provide each purchaser or lesse printed report before they sign

Type of title

If report not given 3 days before purchase, purchaser had 2 years to rescind the contract

Does not apply to subdivision with less than 25 lots , each lot is 20 acres in size, only to developers, where building exists, have to build within two years

34
Q

Consumer financial protection bureau

A

Enforces ILSAP

35
Q

State subdivided land sale laws

A

Out of state property for sale must be registered

36
Q

Commissioner of security

A

To sell out of state properties

WV Real Estate Exam 7- End (15 decks)

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