Podcast
Questions and Answers
A property owner wants to build a commercial structure in an area zoned for residential use. To legally proceed, they would most likely need to obtain what?
A property owner wants to build a commercial structure in an area zoned for residential use. To legally proceed, they would most likely need to obtain what?
- Zoning Ordinance
- Master Plan
- Variance (correct)
- Building Code
A city government decides to build a new public library, but the ideal location is currently privately owned. Which legal principle allows the city to acquire the land for this purpose, provided fair compensation is given to the owner?
A city government decides to build a new public library, but the ideal location is currently privately owned. Which legal principle allows the city to acquire the land for this purpose, provided fair compensation is given to the owner?
- Police Power
- Eminent Domain (correct)
- Air Rights
- Use Variance
A developer wants to construct a building taller than the height restrictions allow, to maximize rentable space. What specific type of permission would the developer need to request from the local zoning board?
A developer wants to construct a building taller than the height restrictions allow, to maximize rentable space. What specific type of permission would the developer need to request from the local zoning board?
- Use Variance
- Master Plan Amendment
- Area Variance (correct)
- Building Code Exception
A growing city aims to manage future development and infrastructure improvements effectively. Which of the following documents would provide a long-term vision and framework for this?
A growing city aims to manage future development and infrastructure improvements effectively. Which of the following documents would provide a long-term vision and framework for this?
A real estate developer is planning a new high-rise apartment complex in a dense urban area and looking to maximize the building's size and usage. Which of the following rights would they need to consider when planning the construction?
A real estate developer is planning a new high-rise apartment complex in a dense urban area and looking to maximize the building's size and usage. Which of the following rights would they need to consider when planning the construction?
Flashcards
Building Code
Building Code
Regulations specifying structural and safety requirements.
Zoning Ordinance
Zoning Ordinance
Regulations dictating land usage in specific areas.
Police Power
Police Power
Government's authority to enact and enforce laws for public welfare.
Master Plan
Master Plan
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Variance
Variance
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Study Notes
- Building Code: Regulations from state or local governments detail structural and egress requirements for buildings.
- Zoning Ordinance: City or town regulations dictate property type and use in specific areas.
- Police Power: The right of a political body to enact and enforce laws for public order, safety, health, morals, and welfare
- Master Plan: A long-term planning document that establishes the framework and key elements of a site reflecting a clear vision created and adopted in an open process
- Variance: Authorization to improve or develop property in a way not allowed by zoning
- Use Variance: Permission to use or develop land in a way that differs from local zoning ordinances
- Area Variance: Permission to modify or exceed bulk regulations imposed by local zoning ordinances.
- Eminent Domain: The government's right to acquire property for necessary public use through condemnation, with fair compensation to the owner.
- Air Rights: Rights in real property to use the space above the land's surface.
- Condemnation: Taking private property for public use, with fair compensation, by exercising eminent domain.
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Description
Overview of real estate regulations including building codes, zoning ordinances, and police power. Also covers master plans, variances, eminent domain and air rights. Important concepts for real estate professionals.
