Property and Ownership Laws Flashcards
7 cards from real Real Estate License practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Property and Ownership Laws flashcards as text
The legal process by which a city divides land into districts for residential, commercial, and industrial use is:
Answer: Zoning
Zoning is the exercise of police power to regulate land use within designated districts.
A property owner whose land borders a flowing stream has water-use rights known as:
Answer: Riparian rights
Riparian rights apply to owners of land adjacent to flowing water such as rivers and streams.
Gradual addition of land by the natural deposit of soil from water is called:
Answer: Accretion
Accretion is the gradual increase of land through the deposit of waterborne soil.
A zoning exception that allows a property to be used in a way that does not conform to current zoning because it predates the ordinance is a:
Answer: Nonconforming use
A nonconforming use is a use that lawfully existed before a zoning change and is allowed to continue.
Which lien takes priority over all other liens regardless of when it was recorded?
Answer: A real estate property tax lien
Real estate property tax liens generally take priority over all other liens.
An owner who holds title to property alone, with no other owners, holds it in:
Answer: Severalty
Ownership in severalty means title is held by one person or entity alone.
A formal request to use land in a way prohibited by zoning, granted due to unique hardship, is a:
Answer: Variance
A variance permits a use that deviates from zoning requirements due to special hardship.