Unit 20: Land use Controls And Property Development Flashcards

(32 cards)

1
Q

Police power is also known as…

A

Enabling acts

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2
Q

Through_____, states delegate to counties and local municipalities the authority to enact ordinances in keep with general laws.

A

Enabling acts

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3
Q

Not a regulatory document but a guide that tries to anticipate changing needs is a….

A

Comprehensive plan

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4
Q

Mater plan is also known as…

A

Comprehensive plan

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5
Q

________Implements the comprehensive plan and regulate and control the use of land and structures within designated land- use districts, in part by separating conflicting land use

A

Zoning Ordinances

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6
Q

A development where land is set aside for mixed use purposes, such as residential, commercial, and public areas.

A

PUD: Planned Unit Development

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7
Q

A ___ is typically a strip of land separating land dedicated to another use.

A

Buffer Zone

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8
Q

______means that citizens can discuss zoning ordinances before they are enacted in public hearings

A

Due process of law

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9
Q

A ____ permit is usually required before a ___ permit will be issued.

A

Zoning
Building

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10
Q

Being grandfathered in is also known as…

A

Nonconforming use

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11
Q

____________ may be allowed to continue legally as long as it complies with the regulations governing nonconformities in the local ordinance, until the improvement is destroyed or torn down.

A

Nonconforming use

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12
Q

_____ may be granted to a property owner to allow a special use of property that is defined as allowable conditional use within that zone, such as a house of worship or daycare center in a residential district.

A

Conditional use permit

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13
Q

_____ is NOT a permanent permit

A

Conditional use

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14
Q

_____ is a permanent permit

A

Variance

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15
Q

A _____ will provide relief if zoning regulation deprives an owner of the reasonable use of the property.

A

Variance

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16
Q

Both _____ and ____ permits are issued by zoning boards only after public hearings.

A

Variances, and
Conditional use

17
Q

Most municipalities have enacted ordinances to specify construction standards that must be met when repairing or erecting buildings is known as…

A

Building codes

18
Q

Once the completed structure has been inspected and found satisfactory, the building official will issue a____ or occupancy permit

A

Certificate of Occupancy

19
Q

The ______ indicating that the property is suitable for habitation must be issued before anyone moves in and usually before a lender will allow closing.

A

Certificate of occupancy .

20
Q

A person who buys undeveloped acreage and divides it into smaller lots for sale to individuals or developers or for the subdividers use is a

21
Q

A ____, who may also be a subdivider, improves the land, constructs homes or other building on the lots, and sells them

22
Q

A _____ is a detailed map illustrating the geographic boundaries of individual lots.

23
Q

_____ is the best visual aid for a new real estate agent.

24
Q

Density Zoning =‘s…

A

Houses per acre

25
Limitations to the use of property imposed by a past owner or the current owner by inclusion in the deed to the property and are binding on future guarantees.
Deed Restrictions
26
____ are private rules set yo by the developer that establish standards for all the parcels within the defined subdivision or PUD..
CC&R’s: Restrictive covenants, covenants, conditions, and restrictions
27
Real estate is an avenue of investment open to those interested in holding property primarily for increasing value, known as….
Appreciation
28
_____ is the use of borrowed money to finance an investment.
Leverage
29
Depreciation is also known as…
Cost recovery
30
_____ allows an inventor to recover the cost of an income-producing asset through tax deductions over the assets useful life.
Depreciation
31
The difference between the purchase price of property and its net selling price
Capitol Gain
32
Refers to how quickly an asset may be converted into cash
Liquidity