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13 Cards in this Set

  • Front
  • Back
Planning commission
develop zoning regulations
Nonconforming use
structure built legally, before zoning changed; but does not conform to the present zoning
Covenant forbidding a "for sale" sign
of reasonable size to be placed on property by owner is void as unreasonable restraint upon the power of alienation
Inverse condemnation
when a property owner wants to force the gov to take title to his property and pay him, as a result of loss in value due to police power - loss in value as a result of public works project or change in zoning
Environmental impact report
identifies any direct or indirect impact a project could have on the environment, as well as adverse environmental effects
Negative declaration
states that a proposed new subdivision does not have to file an Environmental Impact Report
Dedication of land for a public use
would be a voluntary alienation
sequence for the development of a residential project
planning, acquisition, mapping, designing
improvement bonds
are used by subdividers to finance off-site improvement
Advertising new subdivisions
must be submitted to DRE 10 days prior to use
Involuntary conversion
this is the term used by IRS to define Eminent domain proceeds
Stock Cooperative
buyer buys stock in corporation that owns property and has right to use part of the building
Condo conversation
owner must inform apartment tenants 180 days before conversation