Land Use & ZoningIntermediateColorado Exam
In Colorado, a 'floor area ratio' (FAR) in zoning controls:
AA. The minimum ceiling height in buildings
BB. The ratio of total building floor area to the lot area, limiting the intensity of developmentCorrect
CC. The number of floors a building can have
DD. The percentage of the floor that must be carpeted, a pattern seen in many similar transactions
Why B. The ratio of total building floor area to the lot area, limiting the intensity of development Is Correct
Answer B: B. The ratio of total building floor area to the lot area, limiting the intensity of development
Floor Area Ratio (FAR) is a zoning regulation that limits the total floor area of a building relative to the lot size. For example, a FAR of 2.
Key Land Use & Zoning Terms in This Question
People Also Study
Related Colorado Questions
- Colorado's 'Floor Area Ratio' (FAR) in zoning regulations determines:Land Use & Zoning
- A Colorado buyer earns $8,500/month gross income. Using a 43% maximum total DTI ratio, what is the maximum total monthly debt payment allowed (including PITI)?Real Estate Math
- In Colorado, a 'cluster development' zoning technique allows:Land Use & Zoning
- A 'planned unit development' (PUD) in Colorado allows:Land Use & Zoning
- A Colorado buyer wants to qualify for a $320,000 mortgage. The lender requires a maximum front-end ratio of 28%. The monthly payment (PITI) is $2,100. What minimum monthly gross income is required?Real Estate Math
- In Colorado, a 'cluster development' allows homes to be grouped on smaller lots in order to:Land Use & Zoning
- A Colorado borrower's monthly gross income is $6,000. Their total monthly debt obligations including PITI are $2,400. What is their total DTI ratio?Finance
- A Colorado homeowner with a home worth $450,000 and a mortgage balance of $250,000 wants a HELOC. If the lender allows 85% CLTV, what is the maximum HELOC credit line?Finance
Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Loan-to-Value Ratio (LTV)The ratio of a mortgage loan amount to the appraised value or purchase price of a property, expressed as a percentage.
Debt-to-Income Ratio (DTI)A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.
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.
Study This Topic
Practice More Colorado Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Colorado Quiz →