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Arkansas Real Estate Chapter 12
Primer for Exam Chapter 12
15
Real Estate & Planning
Undergraduate 1
07/18/2014

Additional Real Estate & Planning Flashcards

 


 

Cards

Term
Target House (Lead Base Paint)
Definition
Housing built before 1978 or houses with know exposure.
Term
What is the most "at risk age" for lead based poisoning.
Definition
Children under the age of 6
Term
What percent of houses built before 1978 are estimated to have lead based paint
Definition
75%
Term
What is the best way to remediate Radon?
Definition
ventilate before it gets into the house
Term
In what year was the Safe Drinking Water Act encacted?
Definition
1974
Term
How much time is a municipality given to inform the public if there is a problem with the municipal water?
Definition
24 hours
Term
List four exemptions of the Underground Storage Tank regulations
Definition

     (1.) Tanks holding less than 110 gallons

     (2.) Tanks storing heating oil burned on the premises

     (3.) Tanks on or above the floor of underground                       areas, such as basements or tunnels

     (4.) Septic tanks and systems for collecting storm                   water and wastewater

Term
1980 CERCLA?
Definition
Comprehensive Enviornmental REsponse, Compensation, and Liability Act
Term
1986 SARA
Definition
Superfund Amendments and Reauthorization Act
Term
Name one of the biggest elements of SARA
Definition
If one has performed a Phase 1 enviornmental survey of the property, Innocent Landowner Immunity, applies.
Term
What is the number of the wetland permit?
Definition
404
Term
How does the 404 work?
Definition
For every acre of wetland developed, one has to buy three acres of wetland that can never  be used.
Term
What are the three characteristics of wetlands?
Definition

(1.) vegetation

(2.) soil

(3.) hydrology

 

Term
Endangered Species Act of 1969
Definition
Term
What is CITES
Definition
Convention on Internation Trade of Endangered Species of Wild Fauna and Flora
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