REE 3043 Chapter 4 Exam Questions With Revised Answers
4 views 0 purchase
Course
REE 3043
Institution
REE 3043
REE 3043 Chapter 4 Exam Questions With
Revised Answers
Special assessments are levied to pay for specific improvements that benefit a particular group of
properties. All of the following characteristics of special assessments are true EXCEPT:
-they are considered ad valorem taxes.
-they are ap...
REE 3043 Chapter 4 Exam Questions With
Revised Answers
Special assessments are levied to pay for specific improvements that benefit a particular group of
properties. All of the following characteristics of special assessments are true EXCEPT:
-they are considered ad valorem taxes.
-they are applied as pro rata charges.
-they are levied directly on the properties benefited.
-they are commonly used to finance streets, storm water systems, sidewalks, and other area
improvements. - answer✔✔-they are considered ad valorem taxes.
The right of government to acquire private property, without the owner's consent, for public use
in exchange for just compensation is referred to as - answer✔✔Eminent Domain
Zoning ordinances that tend to exclude lower income groups by large lot size, or that do not
adequately provide low- and moderate-income housing are referred to as -
answer✔✔Exclusionary Uses
The most recent approach to zoning, form-based zoning, creates a map by segregation of -
answer✔✔Building Shapes
A developer plans to place a subdivision slightly outside the city limits in an area that is rapidly
developing. However, the city claims to have the right to control urban development even in the
proposed area. The right the city is attempting to invoke is referred to as -
answer✔✔extraterritorial jurisdiction.
While most real property in the United States is privately owned, government regulations limit
private property use and therefore play an important role in the determination of property value.
Proponents of government intervention argue that regulation is needed to address the unintended
and unaccounted for consequences of one land user upon others, more commonly referred to as -
answer✔✔externalities
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Brightstars. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
