About This Chapter
Public & Private Land-Use Control - Chapter Summary
Get reacquainted with public and private land-use control by exploring this bite-sized lessons in this chapter. You'll explore topics like escheat in real estate, eminent domain and encumbrances. Once you've finished this chapter, you'll be able and ready to:
- List types of encumbrances and explain its importance
- Describe laws and regulations associated with federal land use
- Discuss local and state authority in the regulation of land use
- Outline the history of eminent domain
- Detail the process of escheat in real estate
- Identify and discuss private methods for regulating land use
- Explain special issues that arise with property boundary lines
We have organized this chapter to make lesson navigation simple while providing easy access to all other study tools. Choose any lesson as your first, navigate them all in any sequence, and visit as often as you'd like. When ready, take accompanying lesson quizzes and a broader practice test to gauge your grasp of key concepts. Stop by the dashboard to easily revisit any lesson and also send questions about specific chapter topics to our subject-matter experts.
1. Encumbrances: Definition, Types & Importance
It's important to know what encumbrances are on a parcel of real estate before a purchase is concluded. In this lesson, you'll learn what encumbrances are, the different types and how they affect property rights. A short quiz follows.
2. Federal Land Use Laws & Regulations
The use of real estate is regulated at the federal, state and local levels. In this lesson, we will be focusing on the land use laws and regulations enacted at the federal level of government.
3. State & Local Authority in Regulating Land Use
State and local governments have the legitimate authority to regulate the use of real estate. In this lesson, you'll learn about the general police power of state and local governments and its application to real estate.
4. What is Eminent Domain? - Definition, History & Examples
In this lesson, we will learn about the meaning of eminent domain, the government's right to exercise the power of eminent domain and examples of eminent domain.
5. Escheat in Real Estate: Definition & Process
What does escheat mean? This lesson will define ''escheat'' and discuss the process for real property that is subject to escheat. It will help the reader to understand what happens when an individual dies without a will and/or heirs to his property.
6. Private Methods for Regulating Land Use
Governments are not the only ones that restrict how owners use real estate. In this lesson, you'll learn how private parties, such as homeowner's associations, lenders and sellers, impose limitations on what owners can do with their real estate.
7. Special Issues with Property Boundary Lines
Boundary lines may seem simple enough, but complications can arise. In this lesson, you'll learn about some special issues that involve boundaries, including encroachments, adverse possession, party walls, access, and vacation of public roads.
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Other chapters within the Indiana Real Estate Broker Exam Study Guide course
- Introduction to Real Property
- Estate Ownership, Rights & Interest
- Deeds & Property Transfers
- Property Titles
- Property Value & Appraisal
- Introduction to Real Estate Contracts
- Real Estate Agencies & Agency Relationships
- Listing Agreements & Property Management
- Fair Housing & Consumer Protection
- Risk Management in Real Estate
- Property Disclosures
- Introduction to Real Estate Financing
- Real Estate Lender Requirements
- Federal Real Estate Financing Regulations
- Closing & Settlement Real Estate Transactions
- Real Estate Investments
- Indiana Real Estate Commission & Licensing
- Indiana Real Estate Law
- Real Estate Business Procedures