PRINCIPLES OF REAL ESTATE 2 FINAL EXAM
SCRIPT 2026 QUESTIONS WITH SOLUTIONS
GRADED A+
● Comprehensive Plan - A local government's general guide to a
community's growth and development based on the community's goals
and objectives.
● Economic and Environmental Impact Statements - Studies of the
effect that a new development will have on the economy or the
environment of the region.
● Concurrency - The requirement that public facilities and services,
including roads, sewers, and schools, be available at the same time new
development is completed.
● Affordable Housing Allocation - A requirement that encourages or
mandates a "reasonable and fair" component of new housing
construction for lower-income families.
● Urban Service Areas - An area delineated around a community within
which the local government plans to provide public services and
, facilities and beyond which urban development is discouraged or
prohibited.
● Extraterritorial Jurisdiction - Control by a community of an area larger
than the community or jurisdiction for planning and zoning purposes,
granted by the state legislature, which allows local government to plan
and control urban development outside their boundaries until annexation
can occur.
● Smart Growth - Planning philosophy that embraces revitalization of
existing communities, compact design, walkable neighborhoods, sense
of place, preservation of open spaces and critical environment,
community involvement in development.
● New Urbanism - School of planning thought that seeks to revive
residential neighborhood features of the pre automobile era, including
sidewalks; houses with front porches located close to streets; narrow,
gird pattern streets; and supporting nonresidential services interspersed
within neighborhoods.
● Nonconforming Uses - A land use inconsistent with current zoning
classification, but which is permitted to remain because it predated the
current zoning. To be allowed to remain, the use must be uninterrupted,
and the property structures cannot be substantially improved.
SCRIPT 2026 QUESTIONS WITH SOLUTIONS
GRADED A+
● Comprehensive Plan - A local government's general guide to a
community's growth and development based on the community's goals
and objectives.
● Economic and Environmental Impact Statements - Studies of the
effect that a new development will have on the economy or the
environment of the region.
● Concurrency - The requirement that public facilities and services,
including roads, sewers, and schools, be available at the same time new
development is completed.
● Affordable Housing Allocation - A requirement that encourages or
mandates a "reasonable and fair" component of new housing
construction for lower-income families.
● Urban Service Areas - An area delineated around a community within
which the local government plans to provide public services and
, facilities and beyond which urban development is discouraged or
prohibited.
● Extraterritorial Jurisdiction - Control by a community of an area larger
than the community or jurisdiction for planning and zoning purposes,
granted by the state legislature, which allows local government to plan
and control urban development outside their boundaries until annexation
can occur.
● Smart Growth - Planning philosophy that embraces revitalization of
existing communities, compact design, walkable neighborhoods, sense
of place, preservation of open spaces and critical environment,
community involvement in development.
● New Urbanism - School of planning thought that seeks to revive
residential neighborhood features of the pre automobile era, including
sidewalks; houses with front porches located close to streets; narrow,
gird pattern streets; and supporting nonresidential services interspersed
within neighborhoods.
● Nonconforming Uses - A land use inconsistent with current zoning
classification, but which is permitted to remain because it predated the
current zoning. To be allowed to remain, the use must be uninterrupted,
and the property structures cannot be substantially improved.
