Takings in the context of North Carolina land use refers to:
Why Government regulations that restrict property use so severely they effectively deprive owners of economic value, requiring compensation Is Correct
Answer B: Government regulations that restrict property use so severely they effectively deprive owners of economic value, requiring compensation
Key Land Use & Zoning Terms in This Question
People Also Study
Related North Carolina Questions
- Riparian rights in North Carolina allow a property owner whose land borders a stream or river to:Property Ownership
- Under NC law, a property owner's legal challenge to a zoning ordinance as a 'regulatory taking' may succeed if:Land Use & Zoning
- Under NC eminent domain law, the government must pay 'just compensation' to a property owner which is defined as:Property Ownership
- Designated agency in North Carolina occurs when:Agency
- An owner's title insurance policy in North Carolina protects:Escrow & Title
- Zoning in North Carolina is primarily a power of:Land Use & Zoning
- Spot zoning in North Carolina is generally considered:Land Use & Zoning
- In North Carolina, a condominium owner owns:Property Ownership
Key Terms to Know
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Study This Topic
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →