Chapter 21, 22

Chapter 21, 22 - 21 environmental impact statement (EIS)...

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21 nuisance 21 21 toxic tort 21 wetlands 22 adverse possession 22 bulk zoning 22 closing 22 community property 22 concurrent ownership Joint ownership. environmental impact statement (EIS) A statement required by the National Environmental Policy Act for any major federal action that will significantly affect the quality of the environment. The statement must analyze the action's impact on the environment and explore alternative actions that might be taken. A common law doctrine under which persons may be held liable for using their property in a manner that unreasonably interferes with others' rights to use or enjoy their own property. potentially responsible party (PRP) A party liable for the costs of cleaning up a hazardous waste disposal site under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). Any person who generated the hazardous waste, transported it, owned or operated the waste site at the time of disposal, or owns or operates the site at the present time may be responsible for some or all of the clean-up costs. A civil wrong arising from exposure to a toxic substance, such as asbestos, radiation, or hazardous waste. Water-saturated areas of land that are designated by a government agency (such as the Army Corps of Engineers or the Environmental Protection Agency) as protected areas that support wildlife. Such areas cannot be filled in or dredged by private parties without a permit. The acquisition of title to real property by occupying it openly, without the consent of the owner, for a period of time specified by a state statute. The occupation must be actual, open, notorious, exclusive, and in opposition to all others, including the owner. a means of obtaining title of the land without delivery of a deed and without the consent of, or payment to, the true owner Four Elements: 1)Possession must be actual and exclusive 2) must be open and visible and notorious, not secret 3) Possession must be continous and peaceable for a required period of time 4) Possession must be hostile and adverse, can not be living on the property Zoning regulations that restrict the amount of structural coverage on a particular parcel of land. The final step in the sale of real estate; also called settlement or closing escrow. The escrow agent coordinates the closing with the recording of deeds, the obtaining of title insurance, and other closing activities. A number of costs must be paid, in cash, at the time of closing, and they can range from several hundred to thousands of dollars, depending on the amount of the mortgage loan and other conditions of the sale. A form of concurrent ownership of property in which each spouse in a marriage technically owns an undivided one-half interest in property acquired during the marriage. This form of joint ownership occurs in only ten states and Puerto Rico. does not apply to property acquired by gift or inheritance during marrage, or
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This note was uploaded on 02/01/2011 for the course BL 556 taught by Professor Lucybenham during the Fall '10 term at Walsh College.

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Chapter 21, 22 - 21 environmental impact statement (EIS)...

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