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Texas Real Estate Exam Prep
Land use and regulations
27
Real Estate & Planning
Professional
08/02/2013

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Cards

Term
Police Power
Definition
Govt right to regulate and control the character and use of property for health and safety, and General Welfare of the public.
Term
Zoning
Definition
Laws used to control land use.
Term
Master Plan
Definition
A comprehensive guideline for long term physcial development of a particular area-
Term
Non conforming Use :A permissible use under former rules
Definition
that is now prohibited automatic granted when zoneing regulations change
Term
Variance Permission to violate
Definition
Current Zoning-obtained by having a hearing.
Term
Buffer Zone Area of land
Definition
separating on land use from another incompatible use such as residential from commercial
Term
Building Codes
Definition
Regulations the outline specific construction requirement: Plumbing,Electric
Term
EIS: Environment Impact Statement
Definition
Study done to determine the effect of a proposed project on a community
Term
Eminent Domain
Definition
Laws that allow Govt to take private property for public use.
Term
Condemnation: To take property
Definition
Action of Govt in Taking Private Property using eminent domain.
Term
Inverse Condemnation
Definition
A person gets the Govt to buy his property: Like Bobbys house floods to much.
Term
Taxation
Definition
Right of Govt to tax
Term
Ad Valorem: Accoring to value
Definition
Real Property taxes are ad valorem taxes.
Term
Assessed Value
Definition
Tax Rate x Assessed Value= Tax
Property Value for Tax purpose
Term
Mills
Definition
Tax Rate per 1000 (assessed value/1000x mills=Taxes)
Term
Assessment Rolls
Definition
Book Showing the assessed value of all properties in the tax district.
Term
Special Assessment
Definition
Taxes levied against those property owner who benefit from an govt improvement: Like the Galleria area.
Term
Municipal Improvement District
Definition
an area with in a city that is taxed for special improvement The the Galleria: Property owners got vote on it.
Term
Escheat: the right to cheat people out of property:
Definition
the Right to Govt to talk real property in an owner dies intestate and with no heirs or kin.
Term
Riparian rights/ water river uses rights.
Definition
The rights to using the water from the river or stream that borders a property
Term
Littoral rights: Water uses from Oceans or lakes
Definition
the right to uses the ocean or lake water that border a property.
Term
Prior Appropriation: is land owners water rights.
Definition
Theory of water law stating the first landowner to claim riparian rights has the exclusive rights to take all the water for specific beneficial uses
Term
Appropriative Rights: Water Rights
Definition
under prior appropriation
Term
Covenants,Conditions and Restrictions
CC&R
Definition
Covenants,Conditions and restriction(Deed) are private control of land development,methods and materals for construction, including style and appearance requirment in some cases.
Term
Declaration of Restrictions
Definition
Covenants, Conditions and restrictions are outlined in this document for a particalar area of land
Term
HOA Regulations
Definition
Deed restrictions for a condo community.
Term
Injunction
Definition
Court order to cease, stop or refrain from action. can be used to enforced CCR's
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