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24 Cards in this Set
- Front
- Back
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Enabling acts |
The way in which states pass land use law power along to local government |
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Master Plan |
Blueprint for future development of a city or county |
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Spot zoning |
Small area has a use that is inconsistent with the surrounding area |
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Bulk zoning |
Designed to limit population growth and density |
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Floor area ratio |
Divide total floor area of a building by the lot area. used to assess density |
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Setback |
Required distance a building must be place from front side and rear lot lines |
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Directive zoning |
Designed to encourage highest and best use of the land |
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Exclusionary zoning |
Laws that require such large lots and houses that low income families are effectively bared (often overturned) |
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Non-conforming use |
Allowed use of a lot as previously zoned and grandfathered into new zoning |
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Variance |
Owner wants exception to use land in a way other than zoning permits |
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Abatement |
When building inspector finds that construction is not in compliance with code |
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Interstate Land Sales Full Disclosure Act(ILSFDA) |
Requires full disclosure by developers of property information to new buyers prior to being committed to buy and gives a 7 day right of rescission. |
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Mills |
How tax rate is quoted and refers to dollars per thousand of assessed value |
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Tax abatement |
Temporary suspension of property tax used to encourage economic development |
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Tax Relief Act of 1997 |
No cap gains tax if primary residence for 2 of last 5 years from date of sale (1 allowed every 2 years) |
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State Taxes |
Transfer tax and intangibles tax |
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Blockbusting |
Inducing owners to sell by leading them to believe that minority individuals are moving into the area |
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Steering |
When a licensee tries to limit a prospects choice of neighborhood based on any of the protected categories |
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Do Not Call Exceptions |
Under 18 mos since last transaction Under 3 mos from date of last inquiry Granted written permission |
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CAN-SPAM Act |
No false/misleading header info Valid physical address must be included Subject line must be accurate Clear indication of an advertisement Must have clear opt-out honored within 10 business days |
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Sherman Anti-Trust Act |
No fixing terms and conditions of brokerage agreements No dividing the markets by territories No two groups can conspire to not do business with a competitor No tie-in contracts |
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Tie-in |
Sale of first product or service is tied to the purchase of a second |
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Georgia Fair Business Practices Act(FBPA) |
Protects the public from deceptive advertising but an actual transaction must occur |
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Georgia Uniform Deceptive Trade Practices Act(UDTPA) |
deals with price-fixing and general deceptive practices but no consumer transaction need occur |
