Environmental
Wetlands on a South Dakota property are regulated primarily under:
ASDCL Chapter 36-21A
BSection 404 of the Clean Water Act (Army Corps of Engineers)✓ Correct
CSouth Dakota Department of Revenue
DSouth Dakota Real Estate Commission rules
Explanation
Section 404 of the Clean Water Act requires Army Corps of Engineers permits for discharge of fill material into wetlands. Wetlands in SD provide important waterfowl habitat and are heavily regulated.
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Key Terms to Know
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
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.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Math Concepts
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