Environmental
In Hawaii, what is a 'geothermal resource subzone' and why is it relevant to property buyers?
AA. A scenic mountain area with thermal pools available for recreation
BB. A designated area where geothermal resources may be developed, affecting land use and potentially causing concerns like ground instability or gas emissions✓ Correct
CC. A volcanic area where property is prohibited from being developed
DD. A government-owned zone around active lava flows
Explanation
Geothermal resource subzones on the Big Island identify areas suitable for geothermal development. Nearby properties may experience noise, emissions, and land use concerns from geothermal operations.
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Key Terms to Know
Net Operating Income (NOI)
The annual income generated by an income-producing property after subtracting operating expenses, but before debt service.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
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.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Math Concepts
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