A blighted area refers to a section of a city primarily characterized by deteriorating, dilapidated, or unsafe structures. It often necessitates significant urban renewal and rehabilitation to revitalize and redevelop the area.
Land use controls or regulations refer to government ordinances, codes, and permit requirements designed to ensure that private use of land and natural resources aligns with established policy standards.
Police power is the inherent authority of a governmental body to enact and enforce regulations to ensure the order, safety, health, morals, and general welfare of the public.
Substandard housing refers to residential properties that do not meet the basic standards of safety, sanitation, and habitability as defined by local building or housing codes. This can include issues related to structural integrity, plumbing, electrical systems, and overall livability.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!