Which of the following is a legal rather than a physical characteristic of a site?
Correct Answer
B) The zoning classification that applies to it
Why this is correct: The zoning classification that applies to it is a legal characteristic of a site. Legal characteristics are man-made rules and restrictions that govern land use, such as zoning ordinances, deed restrictions, easements, and building codes. They define what can legally be done with the property. Why the other choices are wrong: "The slope and drainage across the parcel," "The soil bearing capacity beneath the surface," and "The shape and dimensions of the boundaries" are all physical characteristics—inherent attributes of the land itself. Exam tip: Legal characteristics can be changed through application or legal process; physical characteristics are generally fixed.
Why This Is the Correct Answer
Why this is correct: The zoning classification that applies to it is a legal characteristic of a site. Legal characteristics are man-made rules and restrictions that govern land use, such as zoning ordinances, deed restrictions, easements, and building codes. They define what can legally be done with the property. Why the other choices are wrong: "The slope and drainage across the parcel," "The soil bearing capacity beneath the surface," and "The shape and dimensions of the boundaries" are all physical characteristics—inherent attributes of the land itself. Exam tip: Legal characteristics can be changed through application or legal process; physical characteristics are generally fixed.
More Land/Site Questions
Under which condition is the land residual technique most applicable?
Why can the same physical parcel carry different values in two assignments?
In a built-up area where no vacant land has sold for years, which approach to site value is the usual fallback?
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A land comparable sold 18 months ago in a market rising about 4 percent a year. What adjustment direction applies?
Why does a developer's required profit rise for a longer subdivision project?
How does holding cost enter the valuation of land bought for future development?
Excess land is best described as land that has which characteristic?
Plottage value arises in which of the following situations?
Which of the following is an off-site improvement rather than a site improvement?
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