Real Estate MOD 7

A town located near a small recreational lake enacts a new zoning code. Under the new code, commercial buildings are not permitted within 1,000 feet of the lake. A commercial building that is permitted to continue in its former use even though it is built on the lakeshore is an example of:

Nonconforming use

The purpose of a building permit is to?

Provide evidence of compliance with municipal regulations

All of the following are true about lead-based paint EXCEPT?

A- It was commonly used in residences before 1978

B- Renovation by a contractor of a residence that has lead-based pain requires education and certification

C- All residential buildings must be tested for lead-based paint

D- Its most dangerous when ingested

C- All residential buildings must be tested for lead-based paint

A plat for a proposed subdivision is submitted to the:

Municipality

Radon poses the greatest potential health risk to people when it is:

Trapped and concentrated in inadequately ventilated areas

Which of the following is a variance?

A- An exception to a zoning ordinance

B- A court order prohibiting certain activities

C- A reversion of ownership

D- A nullification of an easement

A- An exception to a zoning ordinance

A landowner who want to use property in a manner that is prohibited by a local zoning ordinance, but which would benefit the community, can apply for which of the following?

A- Conditional use permit

B- Perspective easement

C- Occupancy permit

D- Property allowance

A- Conditional use permit

Contamination from underground storage tanks is:

Addressed by EPA regulations

A property owner owns a large tract of land. After an adequate study of all the relevant facts, the owner legally divides the land into 30 lots suitable for the construction of residences. In this situation, the property owner is acting as a(n):

Subdivider

A property manager who enters into a management agreement with an owner is usually a:

General agent