Term
|
Definition
| land; a portion of the earth's surface extending downward to the center of the earth and upward infinitely into space, including all things permanently attached to it, whether naturally or artificially. |
|
|
Term
|
Definition
| ownership rights in a parcel of real estate to the water, minerals, gas, oil, and so forth that lie beneath the surface of the property. |
|
|
Term
|
Definition
| the right to use the open space above a property, generally allowing the surface to be used for another purpose. |
|
|
Term
|
Definition
| items, called chattels, which do not fit into the definition of real property; movable objects. |
|
|
Term
|
Definition
| An item of personal property that has been converted to real property by being permanently affixed to the realty. |
|
|
Term
|
Definition
| the concept of land ownership that includes ownership of all legal rights to the land-for example, possession, control within the law, and enjoyment. |
|
|
Term
|
Definition
| The STATE government's right to impose laws, statutes, and ordinances, including zoning ordinances and building codes, to protect the public health, safety, and welfare. |
|
|
Term
|
Definition
| A comprehensive plan to guide the long term physical development of a particular area. |
|
|
Term
|
Definition
| An exercise of police power by a municipality to regulate and control the character and use of property. |
|
|
Term
|
Definition
| Were established in most communities for the specific purpose of hearing complaints about the effects of zoning ordiances of specific parcels of property. Petitions may be presented to the appeal board for variances or exceptions in the zoning law. |
|
|
Term
|
Definition
| Written governmental permission allowing a use inconsistent with zoning but necessary for the common good, such as locating an emergency medical facility in a predominantly residential area. |
|
|
Term
|
Definition
| Permission obtained from zoning authorities to build a structure or conduct a use that is expressly prohibited by the current zoning laws; an exception from the zoning ordinances. |
|
|
Term
| SUBDIVISION LAND DEVELOPMENT ORDINANCES |
|
Definition
| Municipal ordinances that establish requirements for subdivisions and development. |
|
|
Term
|
Definition
| A tract of land divided by the owner (subdivider), into blocks, building lots, and streets according to a recorded subdivision plat, which must comply with local ordinances and regulations. |
|
|
Term
|
Definition
| An ordinance that specifies MINIMUM STANDARDS of construction for buildings to protect public safety and health. |
|
|
Term
|
Definition
| A clause in a deed limiting the future use of the property. Deed restrictions may impose a vast variety of limitations and conditions-ex.;may limit buildings' density, dictate structure types, prevent any or specific use. CCRs |
|
|
Term
| INTERSTATE LAND SALE FULL DISCLOSURE ACT |
|
Definition
| A federal law by HUD that regulates the sale of 25+ LOTS OF LAND, certain real estate in interstate commerce. |
|
|
Term
|
Definition
| Discovery, Owner, Authorative/Scientific/Technical Experts, Environmental Auditors, Disclosure |
|
|
Term
| Discovery, Owner, Authorative/Scientific/Technical Experts, Environmental Auditors, Disclosure, Documentation, Treatment/Removal. |
|
Definition
|
|
Term
|
Definition
| A mineral once used in insulation and other materials that can cause respiratory diseases. |
|
|
Term
|
Definition
| A colorless, odorless gas that occurs as a natural by-product of combustion that in high concentrations can cause serious health problems and even death. Malfunctionin or improperly ventilated fuel-burning equipment (furnaces, stoves, and fireplaces) are often the culprits. |
|
|
Term
|
Definition
| Commonplace, thriving in the damp or dark recesses of our buildings. Patches of green, blue, or black discolorations. |
|
|
Term
|
Definition
| An element found in oil-based paint and plumbing systems that pose significant health problems. Federal Residential Lead-Based Paint Hazard Reduction Act 1978 affects ALL sales & leases for 10 days. |
|
|
Term
|
Definition
| A naturally occurring gas that is suspected of posing a health hazard, especially causing lung cancer. |
|
|
Term
|
Definition
| Used in 70's insulation. UFFI banned in 1982 by Consumer Product Safety Commision. |
|
|
Term
|
Definition
| under earth's surface w/i crevices in geological formations. Forms a table, natural level which is saturated. |
|
|
Term
|
Definition
| Underground Storage Tanks polluting soil and groundwater. (RCRA)The Resource Conservation and Recover Act and the Hazardous and Solid Waste Amendments. |
|
|
Term
|
Definition
| Superfund Amendments and Reauthorization Act (SARA) started in 1980 to reauthorize the 9 billion fund that was est. by CERCLA to clean up hazardous waste sites. |
|
|
Term
|
Definition
| Description of specific parcel of real estate. |
|
|
Term
|
Definition
| DESCRIPTION OF A PARCEL OF LAND THAT BEGINS AT A WELL MARKED POINT & FOLLOWS BOUNDARIES, USING DIRECTIONS TO BEGINNING. |
|
|
Term
|
Definition
| FIXED NATURAL OR ARTIFICIAL OBJECT USED TO ESTABLISH REAL ESTATE BOUNDARIES FOR A METES/BOUND DESCRIPTION |
|
|
Term
|
Definition
| A METHOD OF DESCRIBING REAL PROPERTY THAT IDENTIFIES A PARCEL OF LAND BY REFERRING TO NUMBERS W/I A SUBDIVISION RECORDED PLAT |
|
|
Term
|
Definition
| OLD SYSTEM BY GOVT PROVIDING SURVEY AND DESCRIBING LAND BY PRINCIPLES, MEDIANS, AND BASE LINES. |
|
|
Term
|
Definition
| BOUNDARIES MEASURE LAND AREAS ON-SITE LOT LINES, DIMENSIONS, POSITION OF HOUSE, ENCROACHMENTS &/O EASEMENTS |
|
|
Term
|
Definition
| INCLUDE POLICE, EMINENT, TAXATION AND ESCHEAT |
|
|
Term
|
Definition
| GOVERNMENT TAKEOVER HEIRLESS PROPERTY |
|
|
Term
|
Definition
| OWNERSHIP IS INDETERMINABLE AMOUNT OF TIME |
|
|
Term
|
Definition
| OWNERSHIP LAST FOR A FIXED PERIOD OF TIME |
|
|
Term
|
Definition
|
|
Term
|
Definition
| CLAIM, CHARGE, RESTRICTION, OR LIABILITY THAT ATTACHES TO REAL ESTATE. |
|
|
Term
|
Definition
| CHARGE AGAINST REAL ESTATE THAT SECURES A DEBT OBLIGATION |
|
|
Term
|
Definition
| RIGHTS TO USE LAND; APPURTENANT LAKE OR GROSS UTILITIES |
|
|
Term
|
Definition
| LAWS THAT GOVERN OWNERSHIP AND USE OF WATER ADJACENT LAND. |
|
|
