Under Alaska law, 'exactions' in land use regulation refer to:
Why Conditions imposed on development approval requiring the developer to provide land, improvements, or fees for public benefit Is Correct
Answer B: Conditions imposed on development approval requiring the developer to provide land, improvements, or fees for public benefit
Key Land Use & Zoning Terms in This Question
People Also Study
Related Alaska Questions
- Permafrost considerations in Alaska often affect building codes and land use in that construction on unstable permafrost may require:Land Use & Zoning
- Which of the following is an example of police power as applied in Alaska land use regulation?Land Use & Zoning
- An Alaska property manager collects $8,400 in monthly rents and charges a 7% management fee plus a 50% leasing fee on first month's rent for one new tenant paying $1,200/month. What are the total fees this month?Real Estate Math
- An Alaska property owner complains that a new zoning regulation eliminates all productive use of their land without compensation. They may file a claim based on:Land Use & Zoning
- Which Alaska land use term describes a use that is allowed in a zone only if specific conditions are met and approved by the zoning board?Land Use & Zoning
- An Alaska appraiser using the cost approach calculates the following: land value $150,000, replacement cost new of improvements $400,000, total depreciation $80,000. The indicated value is:Property Valuation
- An Alaska appraiser estimates that a property's highest and best use as vacant would be residential development. The highest and best use as improved is a commercial building. This difference suggests:Property Valuation
- An Alaska property sold for $485,000. The appraiser determines the land is worth $95,000. The improvements' depreciated value (from the cost approach) is:Property Valuation
Key Terms to Know
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Short SaleA sale of real property where the sale proceeds are less than the outstanding mortgage balance, requiring lender approval.
Study This Topic
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →