Land Use & Zoning
In New Mexico, 'lot coverage' in zoning refers to:
AThe maximum number of units per acre
BThe maximum percentage of the lot that can be covered by buildings and impervious surfaces✓ Correct
CThe minimum landscaping required
DThe maximum height of fences
Explanation
Lot coverage regulations specify the maximum percentage of a lot's area that can be covered by buildings and other impervious surfaces, controlling density and protecting stormwater management.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Private Mortgage Insurance (PMI)Insurance required by lenders on conventional loans with less than 20% down payment, protecting the lender — not the borrower — against default.
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.
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