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67 Cards in this Set
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What is the maximum amount property taxes can be per tax year? |
1% of the property’s full cash value |
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What are the three types of real estate related taxes? |
Property taxes Special Assessments Documentary transfer taxes |
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Special Assessments |
One-time taxes levied on properties to pay for improvement s that, ideally, will increase the overall values on the properties benefiting from and paying for the special assessment. |
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Tax Value |
A percentage of the sale price of the property. |
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What are some examples of tax exemptions available to property owners in California? |
Nonprofit and religious, charitable or hospital related organizations Owner-occupied residences qualify for a $7000 reduction in the taxable value of the property. A disabled war veteran, who is totally disabled Senior citizens and disabled people may qualify for property tax postponement. |
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What are examples of a special assessment? |
Sewer or water line construction Street pavement Curb and sidewalk repair Access to public utilities Police or fire protection Parking structures |
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Documentary Tax Transfer |
A tax levied by a county or city when properties transfer ownership. |
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What limits does Section 110.0 of California’s Revenue an dTaxation Code outline regarding property tax amounts? |
The maximum amount property taxes can be per tax year is 1% of the property’s full cash value and cannot be 2% greater than the previous years tax bill. |
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What happens if property taxes have not been paid in full after the redemption period? |
The property is deeded to the State of California and sold to collect on the tax owed. |
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How is the documentary tax value determined? |
By a percentage of the sales price of the house. |
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“As of right zoning” |
Refers to those uses that are automatically allowed by the zoning code. They are allowed as a matter of right. |
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What are the core purposes of land control? |
Preservation of property values Promotion of the highest and best use of property Balance between individual property rights and the public good Control of growths to remain within infrastructure capabilities Incorporation of community consensus into regulatory and planning activities |
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What are the two levels of approval a California general plan must pass? |
The planning commission must approve it with a majority vote. Then the city council or court board of supervisors will adopt the pan as is or with modifications. |
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Public and private land use controls |
Deed restrictions Covenants Zoning regulations Subdivision regulations Building Codes Eminent domain Police power Environmental regulations |
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Deed restrictions |
Private subdivision regulations that affect her entire subdivision |
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Restrictive Covenatns |
Limitations placed on the use of land by the developer of a residential subdivision |
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Injunction |
Prevents the owner or owners from using a property in a way that is contrary to the recorded restrictions |
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Conditions |
Restrictions that provide for a reversion of title if they are violated |
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Restrictions you might see in a subdivision declaration of restrictions |
Only single family homes are allowed Homes must have a minimum number of square feet of living area. Only one home is allowed per lot Lots may not be subdivided Homes must be architecturally similar Set back requirements No temporary buildings permitted Either one property owner or several owners can initiate a court actin to enforce the covenants. Covenants are in effect for a certain period of time. |
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Injunction |
Prevents the owner or owners from using a property in a way that is contrary to the recorded restrictions. |
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Restrictive Covenants can be terminated by: |
the specific time period of the covenant expires The property owners vote to end the restrictions The subdivision changes making it more suitable for some other kind of use the property owners choose not to follow the original plan The owners do not enforce the restrictions in a timely manner |
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What do deed restrictions (covenants, conditions and restrictions, or CCR’s) do? |
Place limits on how the property may be used |
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What is the Doctrine of Laches? |
States that if a property owner is lax in protecting his or her rights, the property owner may lose those rights. |
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Setback requirements |
Buildings must be set back a certain number of feet from the front property line and from the interior property line |
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Police power |
Gives a government entity the ability to fulfill its responsibility to provide for the health, safety and welfare of the public |
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What are some example of Police Power? |
zoning ordinances Building codes Subdivision regulations Eminent domain Environmental restrictions |
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Escheat |
The state will use this to claim the property if the person dies with no heirs and no one is qualified to receive the property . |
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Public ownership |
Government ownership of lands, streets, public buildings, utilities, and other business enterprises |
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Eminent Domain |
Allows a government entity to purchase a fee, leasehold or easement interest in privately owned real property for the pubic good and for public use, regardless of the owner’s desire to seek or otherwise transfer any interest. |
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To acquire a property, the public entity initiate a condemnation suit. What does the government agency must demonstrate? |
The project is necessary The property is necessary for the project The location offers the greatest public benefit with the least detriment |
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Taking |
Private property cannot be taken for public use without just compensation |
Taking clause |
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Building Codes |
Allows the county and municipality to protect the public against the hazards of unregulated construction |
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Building permit |
Gives permission for the construction or renovation of a building or improvement |
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Zoning ordanances |
Specifies land usage for every parcel within the jurisdiciton |
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What are the three most common types of zoning classifications? |
Residential, Commercial, Industrial |
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Cumulative zoning |
Allows more restrictive zoning uses to be allowed in less restrictive zones. |
Residential property could be built in an industrial zone, but a factory could not be built in a residential zone |
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Non-cumulative zoning |
Only grants permits from the designated use specified in a zone |
Single family residential property could not be built in a designated industrial zone. Most common type of zoning. |
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Incentive zoning |
Allowing land developers to provide specific amenities and benefits in exchange for zoning incentives. |
Daycare centers, a covered tunnel, affordable housing |
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Aesthetic Zoning |
To create a certain look to the particular zoning area. |
Architectural and landscaping, off street parking, sign usage |
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Spot zoning |
A small area of land or section in an existing neighborhood is singled out and placed in a different zone from a neighboring property. |
Park, school, grocery store |
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Bulk zoning |
Regulates the density in zoning areas by enforcing specific building requirements |
Open space requirements, parking requirements, floor to space ratios |
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Down Zoning |
The process of re-zoning and area to a more restrictive use |
Commercial to residential or residential to a less dense residential |
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Exclusionary zoning |
Prohibits uses within a specific zone |
Minimum lot sizes, prohibition on residential dwellings, restrictions on apartment complexes being turned into condominiums |
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Cluster Zoning |
Density is determined for an entire area, rather than lot by lot. |
incorporate common areas with a park like setting, swimming pool, bike path |
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A community achieves it’s land usage through a three-phase process of: |
Developing a master plan for the jurisdiction Administrating of the plan by a municipal, county, or regional planning board or commission Implementing the plan through public control of zoning, building codes, permits and other measures. |
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Moratorium |
A temporary suspension of the development of a property |
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Interstate Land Sales Full Disclosure Act |
A federal law that regulates the interstate sale of unimproved lots. The purpose of this is to prevent fraud in marketing land that can be sold sight unseen. |
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A zoning board deals with: |
Non-conforming use Variance Special exception or conditional use permit Zoning amendment |
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Legal Non-conforming use |
When a zoning change leaves existing properties in violation of the new ordinance. |
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Sunshine law |
Open meeting laws that mandate that meetings of governmental agencies and departments be open to the public. They apply to regular meetings of zoning and planning boards and special sessions held by local zoning authorities. |
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What does the Interstate Land Sales Full Disclosure Act say that developers must give to potential purchases and lessees? |
Developers must provide a buyer with a printed property report, which gives specific information about the property before the buyer signs a purchase contract or lease. |
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Illegal nonconforming use |
One that conflicts with ordinances that were in place before the use commenced |
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Special use permit |
Authorizes a use that is not consistent with what zoning ordinance, yet is clearly beneficial or essential to the public welfare |
An old house in a residential zone adjacent to a retail zone |
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Variance |
Allows a use that differs from the applicable ordinance for a variety of justifiable reasons. |
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Use variance |
Gives permission to use the land for a purpose not allowed by the current zoning |
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Area Variance |
Permits a applicant to vary one or more of the dimensional or physical requirements of the applicable zoning law, code or ordinance in connection with some proposed construction |
An owner who receives a variance or build a home on a 10,000 square foot lot, when the zoning ordinance currently states that all one-family homes must be built on lots that are at least 10,500 square feet |
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Land use regulation are enforce by the following local entities: |
Building departments Civil Engineers Environmental Engineers Surveyors Land use planners Board of Health Local Courts |
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What are two reasons zoning laws are often the basis of court cases? |
Zoning ordinances can negatively influence property values zoning ordinances can unfairly exclude the poor and minorities |
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Private property owner are responsible for complying with... |
All regional, county, and local environmental laws |
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Innocent landowner defense |
a landowner in the chain of ownership could have been innocent of any wrongdoing and should not be held liable |
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California Environment Quality Act (CEQA) |
Requires project developers to conduct and submit environmental impact reports for their projects, including possible alternatives that reduce the environmental impact |
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California Coastal Zone Conservation Act |
Controls development in costal zones throughout California. Extend from sea to 1,000 or more yards |
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Acquits-Priolo Earthquake Faulting Zone Act |
Reduce the losses associated with surface fault ruptures by prohibiting structures for human occupancy on active fault lines |
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California licensees are expected to |
Be aware of environmental issues and know where to look for professional help |
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What are the two most important environmental disclosure requirements? |
Natural Hazards Disclosure Act and Lead-based Paint Act |
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Natural Hazards Disclosure Act |
That the statement must disclose: Special flood hazard area An area of potential flooding High fire hazard zone Earthquake fault zone Seismic hazard zone |
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Lead-based paint Act |
Requires to disclose known lead problems in properties built before 1978 |
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