Environmental
Vermont's 'climate change resiliency' planning affects real estate by requiring consideration of:
ASolar panel installation costs only
BIncreased flood risk, changing precipitation patterns, and the need for building improvements to withstand extreme weather events✓ Correct
CVermont's impact on global carbon emissions only
DFederal energy efficiency standards for appliances
Explanation
Vermont's climate change planning recognizes that increasing flood frequency, changing precipitation patterns, and extreme weather events will affect property values, insurance costs, and development feasibility. Vermont buyers and agents should consider long-term climate risks — especially flood exposure — in property decisions.
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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.
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.
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