Real Estate Lot and Building Definitions Quiz
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Questions and Answers

What is the meaning of setback in the context of property development?

  • The legal restrictions on size, location, and type of structures to be built on a designated area
  • The distance at which a building can be built within the property lines (correct)
  • The outline and measurements of the proposed building and its placement on the property
  • The distance at which a building can be built outside the property lines

What does a corner lot refer to in the context of property development?

  • A lot having frontage on two public streets or highways
  • A lot surrounded on each side by other lots
  • A lot bounded on all sides by streets or pathways
  • A lot with at least two adjacent sides meeting on a corner of two streets (correct)

What are Property Lines?

  • Lines showing legal restrictions on size, location, and type of structures to be built on a designated area
  • Lines working outside of the lot area (correct)
  • Local laws that set standards for structural design within the community
  • Lines surrounding a lot on each side by other lots

What does Zoning refer to in the context of property development?

<p>The legal restrictions on size, location, and type of structures to be built on a designated area (B)</p> Signup and view all the answers

What is the meaning of Inside lot in the context of property development?

<p>A lot surrounded on each side by other lots (C)</p> Signup and view all the answers

What is the function of SITE DEVELOPMENT PLAN in property development?

<p>The outline and measurements of the proposed building and its placement on the property (A)</p> Signup and view all the answers

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