Environmental
In Hawaii, which type of property is most likely to have 'deed restrictions' related to environmental conditions placed by a regulatory agency?
AA. New construction in urban centers
BB. Properties remediated under state or federal environmental cleanup programs✓ Correct
CC. Agricultural properties with water rights issues
DD. Properties in tsunami inundation zones
Explanation
Remediated contaminated sites often have institutional controls including deed restrictions that limit future land uses (e.g.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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.
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