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ordinances restrict the average number of houses per acre that can be built within a particular subdivision
- ordinances restrict the average number of houses per acre that can be built within a particular subdivision.
- regulates interstate sale of unimproved lots as is designed to prevent fraudulent marketing schemes that may arise when land is sold without being seen by purchasers
- a detailed map that illustrates the geographic boundaries of individual lots
- The act of appropriating private land for public use upon payment of fair market value under a government's right of eminent domain and through the legal process called condemnation.
- a lien on the property of a mortgagor that secures the underlying debt obligation. It is a voluntary lien created by the property owner and is accorded priority by date of recording.
- is a period of time established by law during which a property owner has the right to redeem real estate after a foreclosure or tax sale by paying the sales price, interest and costs
- is a lien created by statute without any action by the property owner. ie: real estate tax lien
- are written agreements between lien holders to change the priority of mortgage, judgement and other liens
- Exclusionary zoning is any zoning ordinance which has a purpose, effect or result of achieving a form of economic or racial segregation. An exclusionary zoning ordinance can cause economic segregation by restricting land usage to high-cost, low population density residential development. These restrictions can effectively prevent low to moderate income families and individuals from moving into an area. In turn, minority groups with low income levels may also be excluded from living in certain areas.
- A wetland is an area of ground that is saturated with water either permanently or seasonally
Expert Solution
- Density zoning
ordinances restrict the average number of houses per acre that can be built within a particular subdivision.
- Interstate Land Sales Full Disclosure Act
regulates interstate sale of unimproved lots as is designed to prevent fraudulent marketing schemes that may arise when land is sold without being seen by purchasers
- Plat
a detailed map that illustrates the geographic boundaries of individual lots
- Taking
The act of appropriating private land for public use upon payment of fair market value under a government's right of eminent domain and through the legal process called condemnation.
- Mortgage lien
a lien on the property of a mortgagor that secures the underlying debt obligation. It is a voluntary lien created by the property owner and is accorded priority by date of recording.
- Redemption Period
is a period of time established by law during which a property owner has the right to redeem real estate after a foreclosure or tax sale by paying the sales price, interest and costs
- Statutory Lien
is a lien created by statute without any action by the property owner. ie: real estate tax lien
- Subordinate agreements
are written agreements between lien holders to change the priority of mortgage, judgement and other liens
- Exclusionary zoning
Exclusionary zoning is any zoning ordinance which has a purpose, effect or result of achieving a form of economic or racial segregation. An exclusionary zoning ordinance can cause economic segregation by restricting land usage to high-cost, low population density residential development. These restrictions can effectively prevent low to moderate income families and individuals from moving into an area. In turn, minority groups with low income levels may also be excluded from living in certain areas.
- Wetland
A wetland is an area of ground that is saturated with water either permanently or seasonally
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