Real Estate Class Chapter 6

Front 1

aesthetic zoning

Back 1

zoning ordinances that regulate the appearance of real property, such as exterior color, exterior construction material, required screening and fencing.

Front 2

buffer zone

Back 2

a strip of land, usually used as a park or designated for a similar use from land dedicated to another use.

Front 3

building code

Back 3

an ordinance that specifies minimum standards of construction for buildings to protect public safety and health.

Front 4

building permit

Back 4

written governmental permission for the construction, alteration, or demolition of an improvement, showing compliance with building codes and zoning ordinances.

Front 5

certificate of occupancy

Back 5

a certificate issued by a gov. auth. stating that a building is fit for occupancy and there are no building code violations.

Front 6

cluster zoning

Back 6

the grouping of home sites within a subdivision on smaller lots than normal, with the remaining land used as common area.

Front 7

conditional use permit

Back 7

written governmental permission allowing a use inconsistent with zoning but in the public interest, such as locating an emergency medical facility in a predominantly residential area.

Front 8

declaration of retrictive covenants

Back 8

a statement of all covenant, conditions and restrictions affecting a parcel of land. restrictions are appurtenant and aim to protect property values.

Front 9

enabling acts

Back 9

state legislation that confers zoning powers on municipal governments.

Front 10

extra territorial jurisdictions

Back 10

a municipality's right to regulate development in areas adjacent to but not part of the city's corporate limits. population determines if the power extends for 1 to 3 miles from the corporate limits.

Front 11

FEMA

Back 11

a federal agency responsible for disaster preparedness, response and recovery.

Front 12

flood hazard area

Back 12

property identified by flood certification to be in a flood prone area with a likelihood that a flood may occur once every 100 years therefore usually requiring flood insurance if federally related financing is involved.

Front 13

historic preservation zoning

Back 13

zoning to preserve the historic nature of a particular property or neighborhood.

Front 14

Interstate Land Sales Full Disclosure Act

Back 14

a federal law regulating the interstate advertising and sale or lease of lots in subdivisions with 25 or more lots. developer must provide a property report and register the subdivision with HUD.

Front 15

laches

Back 15

a legal doctrine to bar a legal claim or prevent the assertion of a right because of undue delay or failure to assert the claim or right.

Front 16

master plan

Back 16

a comprehensive plan to guide the longterm physical development of a particular area.

Front 17

nonconforming use

Back 17

an existing use of property that is permitted to continue after a zoning ordinance prohibiting it has been established for the area; a grandfathered use.

Front 18

Plat map

Back 18

a map of a subdivision indicating the location and boundaries of individual properties. generally shows lots, blocks, easements, streets, floodplains, etc.

Front 19

police power

Back 19

the government's right to impose laws, statutes, and ordinances, including zoning ordinances and building codes, to protect the public health, safety, and welfare.

Front 20

property report

Back 20

the mandatory federal and/or state documents compiled by developers to provide potential purchasers with material facts about a property prior to its purchase.

Front 21

restrictive covenant

Back 21

private agreements usually imposed by the owner when property is sold that limits the way the real estate ownership may be used; frequently used by owner/developer to maintain specific standards in a subdivision. the covenants are appurtenant. also called protective covenants.

Front 22

spot zoning

Back 22

zoning that illegally singles out property for either special or more restrictive treatment than is usual under the area zoning ordinance.

Front 23

Subdivision

Back 23

A tract of land divided into two or more parcels by the owner, known as the subdivider, for the purpose of sale or development.

Front 24

Variance

Back 24

Permission obtained from zoning authorities to build a structure or conduct a use that is expressly prohibited by the current zoning laws. An exemption from ordinances due to unique hardship not created by the property owner.

Front 25

Zoning ordinance

Back 25

An exercise of police power by a municipality to regulate and control the character and use of property. The zoning is local in nature