Government Controls in Real Estate Markets

<p>$110,000 (A)</p> Signup and view all the answers

<p>On a per front foot basis. (B)</p> Signup and view all the answers

<p>Privately funded districts. (B)</p> Signup and view all the answers

<p>They are not progressive. (C)</p> Signup and view all the answers

<p>Criminal law enforcement. (A)</p> Signup and view all the answers

<p>Building height limits (in feet) (B)</p> Signup and view all the answers

<p>They can be used as a revenue source rather than a planning tool (C)</p> Signup and view all the answers

<p>Storm runoff limits, traffic impact limits (A)</p> Signup and view all the answers

<p>A focus on defining development areas by their character, such as 'natural' or 'urban core' (D)</p> Signup and view all the answers

<p>Growth Restrictions (D)</p> Signup and view all the answers

<p>Miami, Florida (B)</p> Signup and view all the answers

<p>Form Based Zoning focuses on the character and appearance of development, while traditional zoning focuses on specific use categories (B)</p> Signup and view all the answers

<p>The need for innovative land use controls to mitigate environmental impacts (B)</p> Signup and view all the answers

<p>Occupational Safety and Health Act (OSHA) (A), Comprehensive Environmental Response Compensation and Liability Act (CERCLA) (B), Clean Air Act (C), Endangered Species Act (D)</p> Signup and view all the answers

<p>Leaking Underground Storage Tanks (C)</p> Signup and view all the answers

<p>Public welfare vs. property rights (C)</p> Signup and view all the answers

<p>Inverse condemnation (C)</p> Signup and view all the answers

<p>Increased local property taxes through redevelopment (D)</p> Signup and view all the answers

<p>1954 (B)</p> Signup and view all the answers

<p>To improve the aesthetic appeal of an area (B)</p> Signup and view all the answers

<p>Kelo v. New London (A)</p> Signup and view all the answers

<p>It shifted the authority to regulate eminent domain back to the states. (D)</p> Signup and view all the answers

<p>Property tax (B)</p> Signup and view all the answers

<p>They are primarily assessed and collected by federal authorities. (D)</p> Signup and view all the answers

<p>They are inversely related to economic cycles. (D)</p> Signup and view all the answers

<p>Properties owned by religious organizations, educational institutions, and government entities. (D)</p> Signup and view all the answers

<p>Total budget of the taxing authority and income from other sources. (D)</p> Signup and view all the answers

<p>Provides a flexible revenue stream. (C)</p> Signup and view all the answers

<p>States have the power to limit eminent domain for private redevelopment. (A)</p> Signup and view all the answers

<p>A use that conflicts with, but was established before, the current zoning ordinance. (B)</p> Signup and view all the answers

<p>A permit that allows a property owner to use their land in a way that is not allowed by the zoning ordinance. (A)</p> Signup and view all the answers

<p>The process of gradually phasing out a nonconforming use over time. (D)</p> Signup and view all the answers

<p>A method of zoning that excludes certain types of people, often based on income or race. (A)</p> Signup and view all the answers

<p>Village of Euclid vs. Ambler Realty Co. (D)</p> Signup and view all the answers

<p>Land use controls can lead to increased segregation and social inequality. (D)</p> Signup and view all the answers

<p>Love Canal (D)</p> Signup and view all the answers

<p>Balancing the need for economic growth with the need to protect the environment. (A)</p> Signup and view all the answers

<p>Buyers unable to judge the potential for future development in the surrounding area (A)</p> Signup and view all the answers

<p>To ensure the safety of buildings and their occupants (B)</p> Signup and view all the answers

<p>Setting minimum lot sizes (A)</p> Signup and view all the answers

<p>They are both updated regularly to keep up with changing needs and technologies. (D)</p> Signup and view all the answers

<p>The uniqueness of location (B)</p> Signup and view all the answers

<p>Increased traffic congestion due to a new development (A)</p> Signup and view all the answers

<p>It makes it harder to assess the risk of investing in real estate. (C)</p> Signup and view all the answers

<p>To advise elected officials on planning and zoning matters. (B)</p> Signup and view all the answers

<p>To ensure the safety and functionality of new residential developments. (B)</p> Signup and view all the answers

<p>The planning and zoning commission makes final decisions, while the board of adjustment makes advisory recommendations. (D)</p> Signup and view all the answers

The power of the state to seize private property for public use.

Supreme Court case allowing non-blighted property takings for redevelopment.

Taxes imposed on real estate by local governments, based on property value.

Certain properties that are not subject to property taxes.

The calculation used to determine property tax rates based on budget needs and exemptions.

Property taxes can either decrease or increase property values depending on usage.

Primary source of funding for local governments, mainly through property taxes.

The Kelo decision shifted the power of property taking back to states.

A law to regulate air emissions from stationary and mobile sources in the U.S.

Law governing the cleanup of hazardous waste sites in the U.S.

The legal process by which the government exercises eminent domain.

Legal distinction expanded from strictly public use to broader public purpose in property taking.

A landmark 2005 Supreme Court case that expanded the use of eminent domain for economic development.

Substances that may pose a risk to health or the environment, like asbestos and PFAS.

Regulation ensuring safe and healthy working conditions for employees.

Criteria set to regulate land use impacts, including storm runoff, noise, and emissions.

Charges levied on developers to fund public infrastructure associated with new construction.

Regulations, such as moratoriums, to temporarily limit new development.

Land use regulation focusing on the character of a space rather than its use.

The amount of development allowed within a certain area, influencing building spacing.

The design and aesthetics of streets, impacting the overall feel of a neighborhood.

An area designated to reflect rural aesthetics, with house-like structures and trees.

Designates the central part of a city, characterized by high density and mixed uses.

The value of a property used for tax purposes after adjustments.

The final amount on which property taxes are calculated.

The amount per $1,000 of assessed value used to calculate property tax.

Taxes levied for specific public improvements affecting properties.

A special district that maintains and provides community services.

The order of claims against a property for unpaid debts.

Charged per front foot basis for improvement projects.

A tax that takes a larger percentage from lower incomes.

Process where zoning plans are reviewed by neighbors and officials.

Use of land that predates current zoning laws but conflicts with them.

A granted exception to zoning requirements due to property hardship.

Zoning practices that limit housing options for certain income levels.

Inefficiencies in housing markets potentially caused by zoning.

A 1960s push for awareness and regulation of land use and environmental care.

Evolving ideas on effective community layouts and transportation.

A 1926 case establishing the legality of zoning in the U.S.

Impacts from nearby land uses that affect property values and market dynamics negatively or positively.

A market situation where a single provider is more efficient than multiple providers, often seen in utilities.

Lack of essential details about property, such as construction quality or structural safety, affecting buyer decisions.

Consequences of economic activities that affect third parties who did not choose to be involved, such as pollution or congestion.

Regulations governing land use that dictate what types of activities can occur in certain areas to organize urban development.

Standards set to ensure the safety and quality of construction, addressing fire, sanitation, and injury risks.

Rules that govern the division of land into plots that dictate requirements for infrastructure like streets and drainage.

A body that reviews requests for variances in zoning regulations and makes final decisions, often not open to appeal.

A subgroup within planning and zoning commissions that evaluates site plans for development proposals before approval.