Champions Commercial Real Estate- SAE
1. Buffer Zone: an area of land separating one land use from another
2. Variance: permission to violate the rules
3. Police Power: the right of the government to regulate and control the way land is
used
4. Downsizing: Changing the zoning of a property to lower the value use
5. Zoning: the most common example of police power
6. Texas Property Code: arranges Texas Statute Law into a logical order, making it
more accessible and understandable
7. Security Deposit: is any advance of money, other than a rental application de-
posit of an advance payment of rent that is intended primarily to secure performance
under a lease of commercial property
8. Variances: are often requested prior to the construction to avoid violation of the
rules
9. Title 8 Landlord & Tenant: The most important chapter of the Texas Property
Code for property managers and landlords
10. Noncormfing use of land: a change in zoning can cause?
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11. Manufactured Homes: are built in a factory and are built to a nation-wide
building code
12. Trust Account: account managed by one party for the benefit of another in a
banking institution authorized to do business in Texas
13. Safe Harbor Policy: determines whether or not an advertisement is clear and
conspicuous
14. Advertisement: a written or oral statement or communication by or on behalf of a
license holder or service provider
15. Trust Money: clients' money
16. Trust Account: an account managed by one party for the benefit of another in a
banking instistution authorized to do business in Texas
17. Sales Agent: Should not maintain a trust account
18. Open Carry and Concealed Carry Signage: must appear in contrasting colors
with block letters at least one inch in height
19. 30.06: establishments that will permit open carry on their premises, but prohibit
concealed carry
20. 30.07: Prohibits open carry on he premises
21. Deceptive Trade Practices Act (DTPA): allows an aggrieved consumer to sue a
seller of goods for damages
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