Vocabulary: Chapter 6- Land Use Controls and Property Development Flashcards Preview

Real Estate > Vocabulary: Chapter 6- Land Use Controls and Property Development > Flashcards

Flashcards in Vocabulary: Chapter 6- Land Use Controls and Property Development Deck (20)
Loading flashcards...
1

Buffer Zone

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. (EG residential from commercial)

2

Building Code

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

3

Certificate of Occupancy

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

4

Comprehensive Plan

a master plan to guide the long term physical development of a particular area

5

Conditional-use permit

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

6

Covenants, Conditions, and Restrictions (CCR's)

Private agreements that affect the land use. They may be enforced by an owner of real estate and included in the seller's deed to the buyer

7

Density Zoning

Zoning ordinances that restrict the maximum average number of houses per acre that may be built within a particular area, generally a subdivision

8

Developer

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

9

Enabling Acts

State legislation that confers zoning powers on municipal governments

10

Interstate Land Sales Full Disclosure Act

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

11

Inverse Condemnation

An action brought by a property owner seeking just compensation for land taken for public use when the taker of the property does not intend to bring eminent domain proceedings. Property is condemned because its use and value have been diminished due to an adjacent property's public use

12

Non-conforming Use

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

13

Planned Unit Development (PUD)

A planned combination of diverse land uses, such as housing, recreation, and shopping, in one contained development or subdivision

14

Plat

A detailed map that illustrates the geographic boundaries of individual lots

15

Restrictive covenant

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

16

Subdivider

One who buys undeveloped land, divides it into smaller, usable lots and sells the lots to potential users

17

Subdivision

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

18

Variance

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

Zoning

A regulatory tool that helps communities regulate and control how land is used

20

Zoning Ordinance

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