Land Use & Zoning
The Arkansas State Plant Board regulates which of the following that can affect real estate values?
AIndustrial pollution
BNoxious weeds and plant pests that can damage agricultural land✓ Correct
CBuilding code compliance
DZoning variance approvals
Explanation
The Arkansas State Plant Board regulates plant pests, noxious weeds, and pesticide use that can affect agricultural land values. Invasive species and pests can significantly impact the productivity and value of agricultural real property.
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Key Terms to Know
Variance
Official 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.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
DepreciationA reduction in the value of an improvement (building) over time due to physical deterioration, functional obsolescence, or external factors.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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