Real Estate Sales Exam Land Use, Zoning, and Environmental Issues

Question 1

Which government power allows a municipality to regulate land use through zoning ordinances?

Accepted Answer

Police power

Answer

Eminent domain

Answer

Taxation

Answer

Escheat

Question 2

A property has been used as a gas station for 20 years. When the area is rezoned to residential, the gas station may continue to operate as a:

Accepted Answer

Nonconforming use

Answer

Variance

Answer

Special exception

Answer

Conditional use

Question 3

Which principle describes the use of land that will produce the highest net return over a given period of time and is legally permissible, physically possible, and financially feasible?

Accepted Answer

Highest and best use

Answer

Plottage

Answer

Contribution

Answer

Anticipation

Question 4

The government takes private property for a new highway and pays the owner fair market value. This is an example of:

Accepted Answer

Eminent domain

Answer

Escheat

Answer

Police power

Answer

Taxation

Question 5

A zoning regulation requiring buildings to be located at least 25 feet from the front property line is known as a:

Accepted Answer

Setback requirement

Answer

Buffer zone

Answer

Variance

Answer

Floor area ratio

Question 6

When a municipality zones a single parcel differently from all surrounding properties in a way that benefits only that parcel, this is called:

Accepted Answer

Spot zoning

Answer

Variance

Answer

Conditional rezoning

Answer

Euclidean zoning

Question 7

A property owner wants to operate a daycare center in a residentially-zoned neighborhood. They would most likely need a:

Accepted Answer

Conditional use permit

Answer

Variance

Answer

Nonconforming use certificate

Answer

Rezoning approval