Land Use & Zoning
A North Dakota property owner who creates a 'community land trust' (CLT) for affordable housing maintains ownership of the:
AIndividual homes only
BLand, while homebuyers purchase the homes and lease the land from the CLT at below-market rates✓ Correct
CAll improvements on the land indefinitely
DMineral rights only
Explanation
Community land trusts retain ownership of the land and provide long-term ground leases to homebuyers, keeping homes permanently affordable by removing the land cost from the purchase price.
Related North Dakota Land Use & Zoning Questions
- In North Dakota, which entity typically has the authority to approve a rezoning request?
- A North Dakota developer wishes to build a large-scale wind energy facility. This requires:
- Spot zoning is generally considered illegal because it:
- In North Dakota, which of the following is an example of eminent domain?
- North Dakota restricts foreign ownership of agricultural land primarily because of concerns about:
- In North Dakota, a 'certificate of occupancy' (CO) is issued by:
- A North Dakota city's zoning map shows an area as 'R-1.' This typically means:
- In North Dakota, which governmental body typically adopts a zoning ordinance for a city?
Practice More North Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Dakota Quiz →