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Texas Real Estate Principles 2 questions & answers.
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Texas Real Estate Principles 2 questions & answers.
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Texas Real Estate Principles 2 questions& answers.
Public restrictions ANS -Use of real proeprty are those associated with goverments intervetion
Eminent domain ANS -Power given to government agencies to take private property for public use or
purpose
Taxation ANS -Right of the government to tax the owners of private property to raise revenue for both
general purposes and special assessments, which have a defined purpose
Escheat ANS -Process by which private property reverts to the government when the owner dies
without heirs and without a will (intestate)
Police power ANS -Government's authority to regulate the health, safety, welfare, and morals of its
citizens
Power of eminent domain ANS -Permits the government to take private property under from an owner
for the public good, paying fair market value (just compensation)
Physical taking ANS -When the government actually takes and occupies private land for what is
indisputably a public purpose, such as building a public building or establishing a public road or utility
easement
Regulatory taking ANS -When the government does not physically take private real property, but places
an excessive amount of restrictions on the use that can be made of land
Comprehensive plan ANS -Official public document that acts as a long-range, general guide for growth
and development
Zoning ANS -Regulation by a municipality of the use of land located with the municipality's corporate
limits as well as the regulation of the buildings and structures located thereon
, Height limits ANS -State how tall the building can be above the average grade
Setbacks ANS -Limit how close a structure can be built to neighboring property lines
Minimum lot size limits ANS -How small the parcels can be if the property were subdivided
Zoning districts ANS -Are all of the possible classifications that might be given to any particular parcel of
land
Enterprise zoning ANS -Allows the land owner to develop property aS he or she sees fit
Spot zoning ANS -Illegal practice of zoning a single tract of land in a manner that is incompatible with
the surrounding area and in a manner that is incompatible with the city's zoning ordinance and
comprehensive plan
Contract zoning ANS -Illegal agreement between the city and a property owner to adopt a certain
zoning classification in exchange for certain promises by the property owner
Prohibited use ANS -Presumptively, if any uses are not listed as permitted
Permitted uses ANS -Meet the current use requirements within the district
Uses permitted by right ANS -Allowed within a particular zoning district without additional permission
from the city
Conditional use permit ANS -Allows a land use that may be incompatible with other uses existing in the
zone
Variance ANS -Request of the Board of Adjustment to vary development standards (not uses) such as
building setbacks in the zoning ordinance
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