New York Real Estate for Brokers

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Transcript New York Real Estate for Brokers

New York Real Estate for
Brokers, 5th e
By Marcia Darvin Spada
Cengage Learning
© 2013 All rights reserved.
Chapter 6.1 Construction
1
Chapter 6
Construction and
Development
Part I: Construction
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Chapter 6.1 Construction
2
Chapter 6 Key Terms
 Amperage
 Area variance
 Article 9-A of the Real
Property Law
 Blueprint
 Building code
 Building permit
 Building specifications
 Certificate of occupancy
(CO)
 Circuit breakers
 Completion bond
 Condemnation
 Cumulative zoning
 Defect
 Due diligence
 Eaves
 Eminent domain
 Exclusive-use zoning
 Flashing
 Footing
 Joist
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Chapter 6.1 Construction
3
Chapter 6 Key Terms (continued)
 Outlots
 Percolation
 Pitch
 Platform construction
 Police power
 Property condition
disclosure (PCD)
 Rafters
 Regulatory taking
 Sheathing
 Sill plate
 Slab-on-grade
foundation
 Special-use permit
 Spot zoning
 Steep slope
 Subdivision
 Subdivision regulations
 Use variance
 Watts
 Wetlands
 Zoning ordinance
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Chapter 6.1 Construction
4
The Basic Parts of a House
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Chapter 6.1 Construction
5
Foundation and Footings
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Chapter 6.1 Construction
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Slab-on-grade construction
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Chapter 6.1 Construction
7
Structure Framing
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Chapter 6.1 Construction
8
A Non-Load Bearing Wall
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Chapter 6.1 Construction
9
Placement of the Header within the Frame
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Chapter 6.1 Construction
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Ceiling and Roof Framing
Roof truss system truss carries the load-
bearing function of the
outer walls
Rafters wooden framing members
that form the gables of the
roof
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Chapter 6.1 Construction
11
Exterior Covering
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Chapter 6.1 Construction
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Electrical Systems
Electricity
Flow of electrons
Conductors
Wires
Ohm
Unit of electrical
resistance
Insulator
Prevents shock
Voltage
Amperage
Pressure through
Amount of current
wires
Transformer
Reduces voltage
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Chapter 6.1 Construction
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Above Ground and Underground
Service
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Chapter 6.1 Construction
14
Main Panel Board
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Chapter 6.1 Construction
15
Main Panel Board with Circuit
Breakers
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Chapter 6.1 Construction
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Wiring Materials
Copper
Aluminum
BX Cable
Wiring
Materials
Greenfield
(flexible
conduit)
Romex
Cable
Conduit
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Chapter 6.1 Construction
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Junction Boxes and Outlets
Junction Box
Contains wiring and
used for space for
electrical connections
Outlet
Receptacle
Connected to branch
circuit wires that
supply current to
equipment
Point on wiring system
where current is taken
to supply equipment
Switches
Open and close
electrical circuits
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Chapter 6.1 Construction
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Ground Fault
Circuit Interrupter
GFCI shuts circuit
Bathrooms
Outdoors
Kitchens
Garages
Wet bars
Workshops
Unfinished basements
Swimming pools
Crawl spaces
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Chapter 6.1 Construction
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American’s with Disabilities Act
Protects the rights of individuals with disabilities
Disability is defined in USC 42, Sec. 12101, as a
physical or mental impairment that substantially
limits one or more of a person’s major life
activities
Covers public accommodations and multi-family
residences
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Chapter 6.1 Construction
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Comprehensive Response, Compensation and
Liability Act (CERCLA)
Identify sites
containing
hazardous
substances
Superfund
Amendment
expands Act
Liability may be
passed to new
owners
Due diligence
reviews conducted
to avoid liability to
new owner in title
transfer
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Chapter 6.1 Construction
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NY Standards, Laws, and Regulations
NYS Uniform Fire Prevention and Building
Code
NYS Energy Code
Warranties on Sales of New Homes
Carbon Monoxide and Smoke Detectors
NYS Article 9-A
NYS Environmental Conservation Law
Home Improvement Contracts
NYS Human Rights Law
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Chapter 6.1 Construction
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Water Supply
Water Quality
Standards
NYS Department
of Health
Must meet federal and
state standards
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Chapter 6.1 Construction
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New York’s Public Water Supply
System
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Chapter 6.1 Construction
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Water Quality
and Flow Issues
Public or private
Water safety-bacteria, mineral
content
Testing and remediation
Laboratory tests performed for well
water
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Chapter 6.1 Construction
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Private Water Supply Systems
A well utilizes
groundwater
State and local
department of health
guidelines
Well water quality and
flow contingency
contracts
Well water samples can
be tested
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Chapter 6.1 Construction
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A home’s layout pattern with well water
and septic system
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Chapter 6.1 Construction
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Building Departments
Provides
Building
Permits
Sends
Building
Inspectors
On-Site
Functions
Provides
Certificate
Of
Occupancy
Oversees
Building
Code
Compliance
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Chapter 6.1 Construction
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Zoning
Transfer
of
development
rights
Zoning
classifications
Zoning
ordinance
Zoning
permit
Incentive
zoning
Cluster
zoning
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Chapter 6.1 Construction
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Historic Preservation/Landmark Commission
Recommends adoption of ordinances

Preserving historical districts, landmarks, and
historic sites
Reviewing and approving applications for
construction, alteration, demolition, or
relocation of a historic property or object
Recognizing subdistricts within a preservation
district
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Chapter 6.1 Construction
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Police Power
Federal, state, and
local government
Zoning ordinances
are an example of
police power
power to legislate
for the public good
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Chapter 6.1 Construction
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Examples of Government’s Police Power
Power
Defined
Eminent
domain
Take property
for public
good; just
compensation
Escheat
Gov’t can take
property if
owner dies
w/o heirs
Taxation
Lien on
real property
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Chapter 6.1 Construction
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The NYS Uniform Fire Prevention
and Building Code
Municipality
enforces
code
Enforced by
local
building depts.
Certificate
of
Occupancy
Construction
permit
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Chapter 6.1 Construction
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Seller Property Condition
Disclosure
 Presented before
buyer signs contract
of sale
 May help protect
licensees from
liability
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Chapter 6.1 Construction
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Lead
Drinking
water
Paint
Soil and
dust
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Chapter 6.1 Construction
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The Residential Leadbased Paint
Hazard Reduction Act
 Federal law
 Pre-1978 residential
properties
 Up to $10,000 fine
for noncompliance
 Disclosure of
leadbased paint if
known
 Disclosure by seller,
lessors, their agents
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Chapter 6.1 Construction
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Testing for Lead in Water and Paint
Lab will test paint chip
Lead testing swabs for solder, soil, paint and
dust
Lead in water-lab tested sample
Best to leave paint in place if in good condition
and not disturbed by children
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Chapter 6.1 Construction
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