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REE 3043 Exam 2 questions with verified answers
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REE 3043 Exam 2 questions with verified answers
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REE 3043 Exam 2 questions withverified answers
covenant of warranty - ✔✔promise in a deed that the grantor
will guarantee and defend the title against lawful claimants.
easement by estoppel - ✔✔the right of use created if a landowner gives
an adjacent landowner permission to depend on her land
title insurance commitment - ✔✔predominant mean of providing
evidence of title as a requisite to completing the sale
quitclaim deed - ✔✔worded to imply no claim of title but rather only to
convey an interest (divorce, gift)
doctrine of constructive notice - ✔✔a common law tradition stating that if a
person is capable of knowing about a claim or rule, then he or she can be
bound by it
most common form of legal description for rural property - ✔✔metes
and bounds
, certificate of occupancy - ✔✔issued after all building inspections
have been deemed satisfactory
euclid v amber - ✔✔established zoning was a reasonable use of police power
variance - ✔✔an official waiver to the zoning ordinance for a new
construction or renovation project due to economic hardship
nonconforming use - ✔✔a pre-existing use of land which does not
conform to the zoning ordinance but which may legally remain (grandfather
clause)
upzoning - ✔✔a change in zoning increasing permitted density allowing
less restricted use such as from single family to multi-family use.
floor area ratio - ✔✔total floor area / surface area
lot coverage - ✔✔building area / site area
- ✔✔
plat - ✔✔dividing a property into smaller parcels for sale or development
metes and bounds - ✔✔a method of land description which
involves identifying distances and directions and makes use of both the
physical boundaries and measurements of the land.
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