Examlex
Which of the following is a drawback of dual-rate allocation?
I. It introduces uncertainty about cost classification
II. It costs more to develop and maintain than single-rate allocation
III. It may cause managers to believe that all support costs are variable
Zoning Restrictions
Zoning restrictions regulate the use and development of real estate in specified areas, often determining the type of buildings that can be constructed.
Variance
A permission granted by a government or regulatory body to deviate from the strict enforcement of zoning laws or regulations.
Nonconforming Use
involves the utilization of land or buildings that does not comply with current zoning laws, but is allowed because the use was established legally before the zoning laws were enacted.
Marketable Title
A property title that is free from disputes, liens, or any legal question, making it readily transferable to a new owner.
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