Chapter 6 Control of ownership

Front

What does eminent domain allow the state to do in the context of property purchase for public good?

Back

Eminent domain allows the state to purchase the land needed for public good, but estates must be purchased in their entirety.

Answer explanation

Eminent domain allows the state to acquire land for public use, but it requires that entire estates be purchased, not just portions. Therefore, the correct choice is that estates must be purchased in their entirety.

Front

What does it mean if a property's use is identified as a grandfathered use by the city?

Back

The existing use no longer conforms to the current zoning regulations and may limit how Crowe may improve the property in the future.

Answer explanation

The designation of grandfathered use means that Crowe's existing use does not conform to current zoning regulations, which may restrict future improvements to the property.

Front

What type of tax is based upon the market value of a property?

Back

ad valorem tax

Answer explanation

Winston must pay an ad valorem tax, which is based on the market value of her property. This type of tax is commonly applied to real estate and is calculated as a percentage of the property's assessed value.

Front

When appraising the dwelling, what must Jillian consider regarding the pending special assessment?

Back

Take the pending special assessment into account as it could negatively impact the appraised value.

Answer explanation

Jillian must consider the pending special assessment for the sidewalk, as it could negatively impact the appraised value. This is crucial since the buyers will incur this cost, affecting their financial situation.

Front

Comprehensive plans

Back

are future-oriented.

Answer explanation

Comprehensive plans are designed to guide future development and land use, making them inherently future-oriented. This distinguishes them from options that focus on past uses or specific properties.

Front

Bill and Brandy are concerned about their home appraisal and taxes. Their home is appraised at $335,000 but assessed at $375,000. The mill rate is high. What is their concern?

Back

The couple is probably paying too much ad valorem tax based on the assessed value and the mill rate.

Answer explanation

The couple is likely overpaying in ad valorem taxes due to their assessed value being higher than the appraised value, combined with the high mill rate, leading to increased tax liabilities.

Front

Why did the building inspector issue Brian a ticket when he changed his garage construction plans?

Back

Brian failed to obtain a new building permit when he changed his construction plans.

Answer explanation

Brian needed to obtain a new building permit when he changed his garage from one-car to two-car. Failing to do so led to the ticket from the building inspector.

Front

Why was Mike's building permit for a new garage turned down?

Back

legally nonconforming because it conformed to the zoning at one time.

Answer explanation

Mike's garage is legally nonconforming because it complied with zoning regulations when built, but now does not meet current setback requirements. Thus, it retains its status as nonconforming.

Front

What is the zoning status of a Victorian two-story home with a separate apartment upstairs, in a single-family residential zone?

Back

not in legal use according to its zoning. Edgar should appraise the home as a single-family dwelling and make functional adjustments for the lockable entrance doors and the upstairs kitchen.

Answer explanation

The property is not in legal use according to its zoning as it is zoned single-family residential. Edgar should appraise it as a single-family dwelling, adjusting for the separate entrances and the kitchen.

Front

Does a lien create a potential ownership interest?

Back

True

Answer explanation

A lien does not grant ownership but creates a legal claim against an asset, indicating a potential ownership interest if the debt is not repaid. Therefore, the statement is True.