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Unit 18
Term | Definition |
---|---|
Bureau of Subdivided Land Sales Control | State agency that approves and registers sales of some out of state property |
Clustering | The grouping of home sites within a subdivision on smaller lots than normal with the remaining land used as common areas |
Dedication | The voluntary transfer of private property by its owner to the public for some public use such as for streets or schools |
Environmental Impact Study (EIS) | Engineers report often requires before a building permit is issued |
Impact Fees | Charges to developers for extra roads expanded schooled etc ... |
Moratoium | A halt to development, often temporary |
Percolation Test | Investigation of soil absorption and drainage |
Planned Real Estate Development Act | Land requiring registration of certain developments in NJ |
Planned Unit Development (PUD) | A planned combination of diverse land uses such as houses, recreation, and shopping in one contained development or subdivision |
Planning Board | Municipal body overseeing orderly development of real estate |
Plat | A map of a town, section, or subdivision indicating the location and boundaries of individual properties |
Real Estate Sales Full Disclosure Act | Regulations covering the sales of out of state property in NJ |
Subdivision | The division of a parcel of land into two or more parcels; a tract of land divided by the owner, known as the subdivider, into blocks, building lots, and streets according the a recorded subdivision plat that must comply with local ordinances... |
Uniform Construction Code | NJ standards for building |