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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

What are the three types of real estate related taxes?

Property taxes


Special Assessments


Documentary transfer taxes

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.

Tax Value

A percentage of the sale price of the property.

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.

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

Documentary Tax Transfer

A tax levied by a county or city when properties transfer ownership.

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.

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.

How is the documentary tax value determined?

By a percentage of the sales price of the house.

“As of right zoning”

Refers to those uses that are automatically allowed by the zoning code. They are allowed as a matter of right.

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

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.

Public and private land use controls

Deed restrictions


Covenants


Zoning regulations


Subdivision regulations


Building Codes


Eminent domain


Police power


Environmental regulations

Deed restrictions

Private subdivision regulations that affect her entire subdivision

Restrictive Covenatns

Limitations placed on the use of land by the developer of a residential subdivision

Injunction

Prevents the owner or owners from using a property in a way that is contrary to the recorded restrictions

Conditions

Restrictions that provide for a reversion of title if they are violated

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.

Injunction

Prevents the owner or owners from using a property in a way that is contrary to the recorded restrictions.

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

What do deed restrictions (covenants, conditions and restrictions, or CCR’s) do?

Place limits on how the property may be used

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.

Setback requirements

Buildings must be set back a certain number of feet from the front property line and from the interior property line

Police power

Gives a government entity the ability to fulfill its responsibility to provide for the health, safety and welfare of the public

What are some example of Police Power?

zoning ordinances


Building codes


Subdivision regulations


Eminent domain


Environmental restrictions

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 .

Public ownership

Government ownership of lands, streets, public buildings, utilities, and other business enterprises

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.

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

Taking

Private property cannot be taken for public use without just compensation

Taking clause

Building Codes

Allows the county and municipality to protect the public against the hazards of unregulated construction

Building permit

Gives permission for the construction or renovation of a building or improvement

Zoning ordanances

Specifies land usage for every parcel within the jurisdiciton

What are the three most common types of zoning classifications?

Residential, Commercial, Industrial

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

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.

Incentive zoning

Allowing land developers to provide specific amenities and benefits in exchange for zoning incentives.

Daycare centers, a covered tunnel, affordable housing

Aesthetic Zoning

To create a certain look to the particular zoning area.

Architectural and landscaping, off street parking, sign usage

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

Bulk zoning

Regulates the density in zoning areas by enforcing specific building requirements

Open space requirements, parking requirements, floor to space ratios

Down Zoning

The process of re-zoning and area to a more restrictive use

Commercial to residential or residential to a less dense residential

Exclusionary zoning

Prohibits uses within a specific zone

Minimum lot sizes, prohibition on residential dwellings, restrictions on apartment complexes being turned into condominiums

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

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.

Moratorium

A temporary suspension of the development of a property

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.

A zoning board deals with:

Non-conforming use


Variance


Special exception or conditional use permit


Zoning amendment

Legal Non-conforming use

When a zoning change leaves existing properties in violation of the new ordinance.

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.

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.

Illegal nonconforming use

One that conflicts with ordinances that were in place before the use commenced

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

Variance

Allows a use that differs from the applicable ordinance for a variety of justifiable reasons.

Use variance

Gives permission to use the land for a purpose not allowed by the current zoning

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

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

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

Private property owner are responsible for complying with...

All regional, county, and local environmental laws

Innocent landowner defense

a landowner in the chain of ownership could have been innocent of any wrongdoing and should not be held liable

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

California Coastal Zone Conservation Act

Controls development in costal zones throughout California. Extend from sea to 1,000 or more yards

Acquits-Priolo Earthquake Faulting Zone Act

Reduce the losses associated with surface fault ruptures by prohibiting structures for human occupancy on active fault lines

California licensees are expected to

Be aware of environmental issues and know where to look for professional help

What are the two most important environmental disclosure requirements?

Natural Hazards Disclosure Act and Lead-based Paint Act

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

Lead-based paint Act

Requires to disclose known lead problems in properties built before 1978