Police Power
(Ans- Government right to regulate and control the character and use of property for the health, safety and general welfare of the
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Zoning
(Ans- Local laws to control land use
Non-conforming use
(Ans- A permissible use under former rules that is now prohibited - automatically granted when zoning regulations change
Variance
(Ans- Permission to violate current regulations - obtained by a hearing
Buffer zone
(Ans- An area of land separating one land use from another incompatible use such as residential from commercial
Building codes
(Ans- Regulations regarding specific construction requirements- plumbing, electrical, etc.
EIS
(Ans- Environmental impact statement- a study done to determine the effect of a proposed project on a community
Eminent domain
(Ans- The right of government to take private property for public use
Condemnation
(Ans- The action of the government I taking private property under the right of eminent domain
Inverse condemnation
(Ans- The action of an individual trying to force the government to buy his property
Taxation
(Ans- The right of government to tax real property
Ad valorem
(Ans- According to value- real property taxes are ad valorem taxes
Assessed value
(Ans- Property value for tax purposes- (tax rate*assessed value= tax)
Special Assessment
(Ans- A tax levied against only those property owners who benefit from a government improvement such as curbs or sidewalks
Municipal improvement district
(Ans- An area within a municipality that is taxed for a specific improvement- unlike a special assessment, property owners were permitted to vote for the improvement district to be created
Escheat
(Ans- The right of the government to take real property if an owner dies without a will and with no heirs or no kindred
Riparian rights
(Ans- The right to use water from a river or stream that borders a property
Littoral rights
(Ans- The right to use water from a lake or ocean that borders a property
C, C & R's
(Ans- Deed covenants, conditions and restrictions are private controls of land use, development, methods and materials for construction, including style and appearance requirements in some cases
Injunction
(Ans- A court order to cease, stop, or refrain from acting- can be used to enforce c,c &r's
Real Property
(Ans- Land, improvements attached to the land, and the rights to use them
Personal Property
(Ans- Anything not classed as real property, a right or interest in things of a temporary or moveable nature
Chattel
(Ans- Personal property
Personality
(Ans- Personal property
Fixture
(Ans- Personal property that has been installed or attached to become real property
Annexation
(Ans- The process of attaching personal property so that it becomes real property thus creating a fixture
Severance
(Ans- Real property becomes personal property when it is "severed" from the land. Uninstall, unattach
Trade Fixture
(Ans- Personal property installed on leased property for the purpose of the tenants occupation or profession
Physical Charateristic of Land
(Ans- Nonhomogeneity, immobility, indestructibility
Nonhomogeniety
(Ans- A physical characteristic of land stating no two pieces are exactly alike [Show Less]