Modern Real Estate Principals Unit 20

through this, states delegate to counties and local municipalities the authority to enact ordinances in keeping with general laws

enabling acts

a guide that tries to anticipate changing needs, created by local governments, municipalities and counties. it is long term and includes a general plan that can be revised, plans for specific areas and strategic plans

comprehensive plan

implement the comprehensive plan and regulate and control the use of land and structures within designated land use districts, in part by separating conflicting land uses

zoning ordinances

Zoning affects such thing as:
permitted uses of each ______ ___ _____
lot _____
types of _______
building _____
setbacks (the minimum _____ from property boundaries that structures may be built)
style and _____ of structures
density (the ratio of ___ ____

parcel of land, sizes, structures, heights, distance, appearance, land area, natural resources

a development where land is set aside for mixed use purposes, such as residential, commercial and public areas. heavily regulated by private restrictions.

planned unit development (PUD)

a strip of land separating land dedicated to one use from land dedicated to another use. Example: landscaped parks may be used to screen residential areas from nonresidential zones.

buffer zones

controls density and avoid overcrowding by imposing restictions such as setbacks, building heights, and percentage of open area by restricting new construction projects

bulk zoning

specifies certain types of architecture for new buildings

aesthetic zoning

ensures that certain uses are incorporated into developments

incentive zoning

a permit granted to a property owner to allow a special use of property that is defined as an allowable _____ ______ within that zone. It must meet certain standards set by the municipality.

conditional use

provides a relief if a zoning regulation deprives an owner of the reasonable use of the property. The owner must prove that the regulation has caused harm or created a burden.

variance

ordinances that specify construction standards that must be met when repairing or erecting buildings

building codes

one a completed structure has been inspected and found satisfactory with all applicable ordinances and codes, the building official will issue a ___ ____ _____. This must be issued before anyone can move in and before a lender will allow closing

certificate of occupancy

a person who buys undeveloped acreage and divides it into smaller lots for sale to individuals or developers or for their own use.

subdivider

someone who improves the land, constructs homes or other buildings on the lots and sells them

developer

charges made in advance to cover anticipated expenses involving off site capital improvements such as expanding water and sewer facilities, additional roads and school expansions

impact fees

a detailed map illustrating the geographic boundaries of individual lots

plat map

restrict the average maximum number of houses per acre that may be built within a particular subdivision

density zoning

limitations to the use of property imposed by a past owner or the current owner by inclusion in the deed to the property and are binding on future grantees

deed restrictions

private rules set up by the developer that establish standards for all the parcels within the defined subdivision or PUD, has a time limitation (unlike deed restrictions)

restrictive covenants (covenants, conditions and restrictions)

the legal principle that a right may be lost through undue delay or failure to assert it, occurs when the HOA fails to take prompt action while a violation of restrictive covenants is occurring.

laches

created to prevent fraudulent marketing schemes that may arise when land is sold without being seen by the purchasers.

Intestate Land Sales Full Disclosure Act (ILSA)