100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

PSI Exam: Land use controls and regulations with complete solutions graded A+

Rating
-
Sold
-
Pages
4
Grade
A
Uploaded on
11-08-2024
Written in
2024/2025

PSI Exam: Land use controls and regulations with complete solutions graded A+

Institution
PSI Real Estate Practice Michigan
Course
PSI Real Estate Practice Michigan








Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
PSI Real Estate Practice Michigan
Course
PSI Real Estate Practice Michigan

Document information

Uploaded on
August 11, 2024
Number of pages
4
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

PSI Exam: Land use controls and
regulations

Government Powers (4 total) - correct answer ✔✔Police power, taxation, eminent domain, and escheat



Police power - correct answer ✔✔state's authority to provide for the general welfare of the community
through legislature and range of enabling acts/statutes that authorize agencies to organize, implement,
and enforce obligation.



Zoning - correct answer ✔✔primary mechanism for municipalities to implement police power by
establishing regulations controlling how land is used. Begins with a master plan, or comprehensive plan,
or general plan.



Taxation - correct answer ✔✔government power to raise revenue for municipal expenses, like schools
and roads; governmental right to set taxes allows a municipality to assess properties, levy taxes, and sell
the property if taxes go unpaid.



General real estate taxes - correct answer ✔✔"ad valorem", are taxed at value, so those with higher
assessed value pay more than those with a lesser value.



Special assessment tax - correct answer ✔✔with certain improvements; sidewalk, streetlight



Eminent domain - correct answer ✔✔taking of title to real property for use, public or private, that
benefits the community's interest. Involuntary alienation of property (1) process of condemnation (2)
payment of just compensation



Escheat - correct answer ✔✔transfer of property ownership from an individual to the state when the
individual dies intestate, without a will, and with no known heirs. It reverts to the state. Also can refer to
bank accounts, and can be claimed if heir appears.



Nonconforming use - correct answer ✔✔continuing a prior use after a zoning change

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
StuviaExamHub Havard School
View profile
Follow You need to be logged in order to follow users or courses
Sold
459
Member since
3 year
Number of followers
355
Documents
17014
Last sold
3 days ago
EXAM HUB (LATEST UPDATE)

QUALITY WORK OF ALL KIND OF QUIZ or EXAM WITH GUARANTEE OF AN A+ latest updates Im an expert on major courses especially; psychology,Nursing, Human resource Management & Project writing. Assisting students with quality work is my first priority. I ensure scholarly standards in my documents . I assure a GOOD GRADE if you will use my work. Feel free to purchase n recommend others for 100% pass EXAMS!

3.7

85 reviews

5
39
4
10
3
17
2
6
1
13

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions