Environmental
A Michigan real estate agent should advise clients that wetlands designated under Michigan's Wetlands Protection Act may:
ABe filled without restriction if they are less than 5 acres
BRequire permits from EGLE before any development or alteration✓ Correct
CBe developed freely if located more than 500 feet from a lake
DBe purchased below market value due to development restrictions
Explanation
Michigan's Wetlands Protection Act (Part 303 of NREPA) requires EGLE permits before any filling, draining, or development of designated wetlands, regardless of size or distance from open water.
People Also Study
Related Michigan Questions
- Michigan's Wetland Protection Act (Part 303 of NREPA) requires permits for activities in wetlands that are:Environmental
- Michigan's Part 201 of the Natural Resources and Environmental Protection Act (NREPA) addresses:Environmental
- Michigan's Part 201 of the Natural Resources and Environmental Protection Act (NREPA) establishes:Environmental
- Michigan's 'due care' obligation under Part 201 of NREPA requires property owners to:Environmental
- Michigan's 'Natural Features Setback' requirement in coastal communities requires development to be set back from the ordinary high water mark to protect:Land Use & Zoning
- In Michigan, the Homeowners Protection Act requires lenders to automatically cancel PMI when:Finance
- In Michigan, adverse possession requires open, hostile, continuous, exclusive, and notorious use for a minimum of:Property Ownership
- In Michigan, a 'wetlands permit' from EGLE is required before:Land Use & Zoning
Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
AppraisalA professional estimate of a property's market value prepared by a licensed or certified appraiser.
Comparable Sales (Comps)Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Study This Topic
Practice More Michigan Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Michigan Quiz →