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29 Cards in this Set
- Front
- Back
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Abatment |
Reduction of price of a property due to discovery of something there that make property cheaper. |
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Accessory Building |
Not main building |
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Amenities |
Make property more desirable |
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Amortization |
Payment of a Load overtime. Pay part of the principal and part of the interest. |
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Aquifer |
Underground water |
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Boilerplate |
Standard part that appears in all similar documents |
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CC&Rs |
Covenants, Conditions and Restrictions applied to the owners property in subdivision, condominium or cooperative. |
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CUP |
Conditional Use Permit. Allow a certain use to be permitted on the property, with certain conditions |
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Conveyance |
Act (or document) of transfering interest in a property to another |
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Demising Wall |
Party Wall - wall between two different owners |
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Despoil |
Remove items of value from the property |
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Downzoning |
Change of zoning that decrease the density. |
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Easment |
Allows the use of property or part of property, by others for specific use. |
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Eminent domain |
Allows government to appropriate land, by paying fair price for it. |
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Equity |
After the sale of property, it is the leftover money. After all debts were paid. Profit |
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Inverse Condemnation |
Inverse of eminent domain |
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Pad Site |
Separate location for development of real space, near the shopping center. |
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Pro Forma |
Projection if the project is financially feasible. |
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Riparian |
Water Related |
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Usury |
Practice of charging crazy high interest rates on loans. |
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Zero-lot-line |
Allows for having no setbacks. |
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Conditional Use Permit |
Allows to deviate from zoning regulation, with benefit to the community. |
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Variance |
Allows to deviate from zoning regulation, with benefit to the owner. |
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Means of Egress |
Same as Exit |
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Life Safety Codes |
Primary concerned with Egress |
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Building Code |
Concerned with Fire not Spreading from one building to the next. |
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Legal Exit from the Building |
Has to be enclosed and protected from the fire. |
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Covenant |
"Restricts use of the land to specific use. Usually are there to maintain the «look» of the community. May include the following restrictions: use, color, building/fence location, yard size, cost and style." |
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Cost Estimates in Programming Phase, should be based on : |
Unit Cost System |
