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9 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Agency |
A relationship in which one party (the principal) authorizes another party (the agent) to act as the principal's representative in dealing with third parties |
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Ad Valorum |
A prefix meaning “based on value”. Most local Governments levy an ad valorum tax on property |
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Avulsion |
Occurs in cases where there is a sudden loss of land due to nature. |
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Alienation clause |
A provision in the mortgage requiring full payment of the debt upon the transfer of title to the property, due on sale. Prevents loan assumptions. |
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Blockbusting |
Any activity which attempts to drive prices down for the purpose of causing transition from one ethnic group to another. This is a violation of Federal Fair Housing Laws. Also called "panic selling". |
White nationalist would totally do this... block....... |
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Block A |
The means of subdividing a large piece of land Into smaller sections such as lot or block eight. It is numbers which |
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Bounds |
Bounds Refers to boundaries; Used with the word "metes" in the metes and bounds method of land description |
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Bench Mark |
A bronze disk permanently place and Precisely identified by government survey teams. |
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Buffer zone |
A means by which planners use space to separate two adjoining districts which have incompatible uses. A buffer zone consists of uses which are compatible with uses in each adjoining district. |
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