Real Estate Principles and Practices Chapter 4 Land Use Controls © 2014 OnCourse Learning.

Slides:



Advertisements
Similar presentations
Real Estate: Private Restrictions on Ownership. What are Encumbrances? Are restrictions and limitations on the fee simple ownership rights that generally.
Advertisements

Washington Real Estate Fundamentals
© 2007 by West Legal Studies in Business / A Division of Thomson Learning CHAPTER 19 Land-Use Control and Real Property.
Chapter 1: Legal Ethics 1. © 2013 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use.
LEGAL RESPONSIBILITIES RELATING TO EASEMENTS Michael Mammen – Partner, HWL Ebsworth Lawyers.
©2011 Cengage Learning. Chapter 3 Encumbrances, Liens, and Homesteads California Real Estate Principles ©2011 Cengage Learning.
{ Chapter 12 Property: Real Property, Leases & Mortgages.
Chapter 7 Liens, Foreclosures, Redemptions, and Easements New Jersey Real Estate for Salespersons and Brokers By Marcia Darvin Spada Thomson/South-Western,
 Deed ◦ Loosely translated as a “gift” ◦ Necessary as a part of property transfer  Deed Restrictions ◦ Terms and conditions attached to the transfer.
Copyright © 2004 by Prentice-Hall. All rights reserved. PowerPoint Slides to Accompany BUSINESS LAW E-Commerce and Digital Law International Law and Ethics.
McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved CHAPTER1CHAPTER1 CHAPTER1CHAPTER1 Introduction to Real Estate Finance and Investments.
©OnCourse Learning. All Rights Reserved.. Rights and Interests in Land ©OnCourse Learning. All Rights Reserved. Chapter 3.
Property Rights Revisited Basic Legal Rights or Real Estate Ownership Right of Possession Right of Control Right of Quiet Enjoyment Right of Disposition.
© 2004 West Legal Studies in Business A Division of Thomson Learning 1 Chapter 48 Real Property Chapter 48 Real Property.
Chapter 22. Georgia Real Estate An Introduction to the Profession Eighth Edition Chapter 22 Land-Use Control.
© 2013 All rights reserved. Chapter 9 Land Use Regulations1 New York Real Estate for Salespersons, 5th e By Marcia Darvin Spada Cengage Learning.
© OnCourse Learning. All Rights Reserved. Land Use Controls Learning Objectives  Describe the general methods of creating land use controls, including.
© 2012 Cengage Learning. Rights and Interests in Land Chapter 3.
Chapter 26 Estates, Leaseholds, and Regulation of Property.
Easements.
Private Restrictions on Ownership Chapter 3. Private Restrictions on Ownership Encumbrances –Restrictions or limitations on the owner’s ability to use.
Lesson 4: Encumbrances Principles of California Real Estate.
CHAPTER 3 PRIVATE RESTRICTIONS OF OWNERSHIP EVEN FEE SIMPLE ESTATES ARE NOT FREE FROM RESTRICTIONS OR OTHER INFERENCES.
Chapter 12 Encumbrances, Government Restrictions, and Appurtenances 2010©Cengage Learning. All Rights Reserved.
Land Use Control and Property Development
© OnCourse Learning Chapter 25 : Land-Use Control.
Real Estate Principles Tenth Edition Chapter 25 Real Estate: An Introduction to the Profession Tenth Edition Chapter 24.

Chapter 48 Real Property.  Property that is immovable or attached to immovable land or buildings  Types of real property:  Land and buildings  Subsurface.
Name and describe the four government powers that affect the ownership of real estate. Describe the two types of estates in land. Define and give examples.
EASEMENTS AND OTHER NONPOSSESSORY INTERESTS. Easements A type of nonpossessory interest –Others – profits, licenses, privileges, and covenants –Concept.
1 Welcome to the International Right of Way Association’s Course 802 Legal Aspects of Easements 802-PT – Revision 1 – USA.
Chapter 3 Private Restrictions on Ownership. Encumbrances  Restrictions or limitations on the owner’s ability to use a property.
© 2008 by South-Western, Cengage Learning Chapter 4 Charles J. Jacobus Thomas E. Gillett.
 Real property is immovable and includes:  Land and Structures: land includes the soil, and all natural and artificial structures on it (unless agreed.
© 2013 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
Issues controlled by local land-use controls include how close developers can place units to each other, and how to protect historic characteristics of.
Updates to Title 8. Anticipated Timeline… July - December 2013 Ideas Compiled Research and Drafting January 2014 Planning Commission Worksession Review.
What can a person who holds property in fee simple absolute do with the property? What can a person who holds property in fee simple absolute do with.
© 2009 by South-Western, Cengage Learning SAMIRLANDER Chapter 20.
© 2015 OnCourse Learning Chapter 11 Land Use Controls.
Chapter 11 Land Use Controls 2010©Cengage Learning. All Rights Reserved.
Real Estate Principles and Practices Chapter 4 Land Use Controls © 2010 by South-Western, Cengage Learning.
© 2009 by South-Western, Cengage Learning SAMIRLANDER Chapter 7.
©2011 Cengage Learning. Chapter 15 ©2011 Cengage Learning REQUIRED GOVERNMENT REPORTS.
Available at HLSA Property Review Easements, Profits, Licenses Real Covenants & Equitable Servitudes April 23, 2009.
Chapter 3 Land Use Regulations 1 The Home Inspection Book: A Guide for Professionals By Marcia Darvin Spada Copyright, Thomson/Southwestern, 2003, Revised,
Chapter 19 Land-Use Controls and Property Development Issues controlled by local land-use controls include how close developers can place units to each.
Lecture 8 Land Use Controls. Lecture 8 Public Controls on Real Estate Use.
© 2010 Rockwell Publishing Lesson 4: Encumbrances Principles of California Real Estate.
Prentice Hall © PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 5E, by Henry R. Cheeseman Chapter 28 Real Property.
2011©Cengage Learning. All Rights Reserved.. Environmental Controls and Subdivision Laws 2011©Cengage Learning. All Rights Reserved.
Modern Real Estate Practice in Pennsylvania 12th Edition Chapter 2: Land-Use Controls and Property Development.
Chapter 12 Land Use New Jersey Real Estate for Salespersons and Brokers By Marcia Darvin Spada Thomson/South-Western Copyright, 2006.
Real Estate Principles and Practices Chapter 2 Land: Its Characteristics and Acquisition © 2014 OnCourse Learning.
Prentice Hall © PowerPoint Slides to accompany The Legal Environment of Business and Online Commerce 4E, by Henry R. Cheeseman Chapter 23 Personal.
Modern Real Estate Practice in Illinois Eighth Edition Chapter 20: Land-Use Controls and Property Development ©2014 Kaplan, Inc.
Copyright 2008 Thomson Delmar Learning. ALL RIGHTS RESERVED. Chapter 4 Public Regulation and Encumbrances Zoning Legitimate police power of government.
Modern Real Estate Practice In Illinois Eighth Edition Chapter 7: Interests in Real Estate ©2014 Kaplan, Inc.
What is Real Property? G O A L S LESSON 21-1
Real Estate Property Rights
California Real Estate Principles, 10.1 Edition
Real Estate Principles, 11th Edition
California Real Estate Principles, 10.1 Edition
CHAPTER 16 Real Property.
Introduction to Real Estate Finance and Investments
Chapter 48 Real Property.
Chapter 48 Real Property.
REAL ESTATE LAW.
© OnCourse Learning.
Presentation transcript:

Real Estate Principles and Practices Chapter 4 Land Use Controls © 2014 OnCourse Learning

Key Terms Assemblage Buffer zone Building codes Cluster lots Covenants Deed restrictions Dominant tenant Down zoning Easement Easement appurtenant Easement in gross Encroachment Homogeneous Interstate Land Sales Full Disclosure Act License Master plan Nonconforming use

© 2014 OnCourse Learning Key Terms Planned unit development (PUD) Plat Police power Servient tenant Setback Spot zoning Variance Zero lot lines Zoning

© 2014 OnCourse Learning Overview Government’s right to exercise control over the use of land

© 2014 OnCourse Learning Federal Controls on Land Use Land set aside for park area Federal laws covering disposition of real estate Interstate Land Sales Full Disclosure Act Real Estate settlement Procedures Act (RESPA) Assumable Mortgages Civil Rights Act of 1968

© 2014 OnCourse Learning State and Local Controls on Land Use Police power: Police power: power of government to regulate land use Master plan: Master plan: zoning laws, building codes and subdivision regulations

© 2014 OnCourse Learning State and Local Controls on Land Use Master plan Considers physical, economic, and social conditions Guide for growth Homogeneous: Homogeneous: compatible uses result in stable values

© 2014 OnCourse Learning Zoning R-1 through R-7 R-1: most restrictive requires large lots Minimum square footage Minimum lot width setbacks Minimum front, side, and rear setbacks

© 2014 OnCourse Learning Zoning O-1: office use C-1:neighborhood business C-2: community business C-3: general business C-4: central business

© 2014 OnCourse Learning Changes in Zoning Special use Special use permits: allow conversion of property to another use Conditional use Conditional use permit: use beneficial to the public Exclusionary zoning: Exclusionary zoning: large lots excludes those who cannot afford the land cost Inclusionary zoning: Inclusionary zoning: requires lower income properties

© 2014 OnCourse Learning Changes in Zoning Moratorium: Moratorium: halts construction Zoning freeze Amendment: Amendment: Allows a zoning change

© 2014 OnCourse Learning Changes in Zoning Use is in violation of present zoning, but was lawful when begun “Grandfather” – zoning is not retroactive

© 2014 OnCourse Learning Changes in Zoning Zoning of isolated properties inconsistent with existing regulations Law does not favor spot zoning

© 2014 OnCourse Learning Changes in Zoning An exception to the zoning ordinance Use may not be detrimental to the public

© 2014 OnCourse Learning Changes in Zoning Property rezoned to a lower use New use does not use land to its highest and best use Compensation

© 2014 OnCourse Learning Procedure for Rezoning or Variance Applicant contacts planning department Planning department inspects site and makes recommendations Hearing announcement placed in the newspaper Hearing is held Public may speak for and against

© 2014 OnCourse Learning Procedure for Rezoning or Variance If approved – ordinance is prepared City council holds 3 meetings If approved – zoning becomes effective

© 2014 OnCourse Learning Private Control of Land Use Deed Restrictions: Deed Restrictions: determine how a property may be used “subject to” Covenants: Covenants: regulate use of property If violated – may be suit for loss of value Nuisance complaint

© 2014 OnCourse Learning Easements Easement: Easement: right-of-way through the land or another Right of ingress and egress

© 2014 OnCourse Learning Easements Created by l aw, people, use Must be in writing 2 types Easement appurtenant Easement in gross Creation of an Easement

© 2014 OnCourse Learning Easements Right to use the adjacent land of another Two parties are always involved Two owners Dominant tenant: acquires benefit or gain Servient tenant: gives the easement Encumbrance Easement right transfers with the sale Easement by reservation Reserved or retained right of access Easement by grant

© 2014 OnCourse Learning Easements Personal or commercial No servient and dominant tenant Cannot be mortgaged or assigned and is not inheritable Given for a lifetime License: License: revocable, usually not in writing Commercial easement: Commercial easement: utility company or government agency

© 2014 OnCourse Learning Easements Easement of necessity: Easement of necessity: special need Landlocked Cannot be rescinded by the owner of the land

© 2014 OnCourse Learning Easements Profit a prendre: Profit a prendre: servient tenant allows dominant to remove mineral or soils Easement by prescription: Easement by prescription: acquired by long term continuous use of another’s property Party wall easement: Party wall easement: two owners share a common wall

© 2014 OnCourse Learning Easements Easement by perception is abandoned Dominant and servient properties merge Dominant tenant releases easement right Quiet title suit Easement is no longer necessary

© 2014 OnCourse Learning Encroachment Encroachment: when one owner’s property infringes onto another’s land. generally not covered by title insurance important for purchaser to have a survey