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