A ________ Is an Exception That Permits a Type of Building

question 11

Multiple Choice

A ________ is an exception that permits a type of building or use in an area that would not otherwise be allowed by a zoning ordinance.

• A) variance
• B) fixture
• C) dominant estate
• D) servient estate

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Definitions:

Legal Consideration

Legal consideration involves something of value that is exchanged between parties in a contract, making the agreement legally enforceable.

Lease Option

A contract that permits a party to lease real property while holding an option to purchase that property.

Real Property

Land and anything permanently attached to it, such as buildings and structures, considered immovable.

Option Contract

A contract granting the option holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified time period.