Real Estate Definations Chapter 19

Front 1

Buffer Zone

Back 1

A stuip of land, usually use as a park or designated for simular use, separating land dedicated to one use from land dedicated to another i.e. residential from commercial

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Building code

Back 2

An ordinance the specifies minimum standards of construction for buildings to protect public safety & health

Front 3

Certificate of Occupancy

Back 3

Once a structure is complete and is inspected and found satisfactory the municipal inspector issues a certificate of occupancy

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Clustering

Back 4

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

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Comprehensive Plan

Back 5

To guide the longterm physical development of a particular area

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Conditional Use Permit

Back 6

Written governmental permission allowing a use inconsistant with zoning but necessary for the common good, such as locating an emergency medical facility in a predominantly residential area

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Curvilinear

Back 7

This system integrates major arteries of travel with smaller secondary and culde sac streets carrying minor traffic (avoids uniformity of gridiron but often lack service alleys. Usually quiet and more secure.

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Deed restriction

Back 8

Clauses in a deed limiting the future uses of the property. Can dictate density of buildings, types of structures, or prevent buildings from being used for specific purposes or being used at all.

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Density zoning

Back 9

Zoning ordinances that restrict the maximum average number of houses per acre that mabybe built within a particular area generally a subdivision

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Developer

Back 10

One who attempts to put land to its most profitable use through the construction of improvements

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Enabling Acts

Back 11

State legislation that confers zoning powers on municipal governments

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Gridiron

Back 12

Pattern that evolved from the government rectangular survey system. Features large lots, wide streets limited use alleys

Front 13

Interstate land sales full disclosure act

Back 13

A federal law that regulates the sale of certain real estate in the interstate commerce.

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Nonconforming Use

Back 14

A use of property that is permitted to continue after a zoning ordinance prohibiting it-has been established for the area.

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Planned Unit Development (PUD)

Back 15

A planned combination of diverse land uses such as housing, recreation and shopping in one continued development or subdivision.

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Plat

Back 16

A detailed map that illustrates the geographic boundries of individual lots

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Restrictive covenants

Back 17

A clause in a deed that limits the way real estate ownership may be used.

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Subdivider

Back 18

One who buys undeveloped land, divides it into smaller usable lots and sells the lots to potential users

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Subdivision

Back 19

A tract of land divided by the owner known as the subdivider, into blocks, building lots and streets according to a recorded subdivision plat, which must comply with local orinances and regulations

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Taking

Back 20

When land is taken for public use through the governments power of eminent domain, or condemnation, the owner must be compensated.

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Variance

Back 21

Permission obtained from zoning authorities to build a structure or conuct a use that is expressly prohibited by the current zoning laws. An exception from zoning ordinances.

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Zoning Ordinances

Back 22

An exercise of police power by a municipality to regulate and control the character and use of property