If a Zoning Law Permits a Use of a Property

question 19

Multiple Choice

If a zoning law permits a use of a property that is prohibited by a valid deed restriction, the normal rule is that the:

• A) zoning will prevail
• B) deed restriction will prevail
• C) homeowner's association ruling will prevail
• D) owner's personal desire will prevail

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Definitions:

Return on Equity

A metric reflecting how efficiently a company turns shareholder investments into profits.

Dividend Payout Ratio

An economic indicator reflecting the proportion of a corporation's net earnings distributed to its stockholders as dividends.

Equity Multiplier

A financial leverage ratio that measures the portion of a company’s assets that are financed by stockholder's equity.

Profit Margin

The percentage of revenue that remains as income after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from total revenue.