Glossary

Glossary

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Term used to describe argument that a law has been unconstitutionally applied. Source : Miller, Julia H. A Layperson’s Guide to Historic Preservation Law: A Survey of Federal, State, and Local Laws Governing Historic Resources Protection . Washington, DC: National ...
Act of confiscating private property for governmental use through "eminent domain" or by regulatory action. Source: Miller, Julia H. A Layperson’s Guide to Historic Preservation Law: A Survey of Federal, State, and Local Laws Governing Historic Resources Protection ...
Federal law vesting title to abandoned shipwrecks found in state territorial waters, thereby enabling the preservation of historic shipwrecks. Source : Miller, Julia H. A Layperson’s Guide to Historic Preservation Law: A Survey of Federal, State, and Local Laws ...
​The estimated amount of time required for a property to reach its pro­jected (or complete) occupancy or sell out. Source: Rypkema, Donovan D. Feasibility Assessment Manual for Reusing Historic Buildings . December 29, 2015
A clause, usually in a mortgage, in which the entire balance of a debt becomes due and payable because of a certain event. Common examples of events that might trigger an acceleration clause are failing to pay an installment when due or selling a property subject to ...
In appraising, the total loss in value caused by physical deteri­oration and functional and economic obso­lescence. In income tax calculations, the total amount of depreciation taken since the acquisition of the property. Source: Rypkema, Donovan D. Feasibility ...

Act

Final
Legislation that has passed both houses of Congress and has been signed by the president or passed over his veto, thus becoming law. Source : Montgomery, Susan West. A Blueprint for Lobbying . Washington, DC: National Trust for Historic Preservation, 2002.
Final
Literally, according to value. Real property taxes are ad valorem, the assess¬ment being related to the value of the property. Source : Rypkema, Donovan D. Feasibility Assessment Manual for Reusing Historic Buildings . December 29, 2015
Adjournment without a definite day fixed for reconvening, literally “adjournment without day.” Usually used to connote the final adjournment of a session of Congress. A session can continue until noon January 3rd of the following year, when a new session usually begins. ...
Independent federal agency responsible for implementing the Section 106 review process. Source : Miller, Julia H. A Layperson’s Guide to Historic Preservation Law: A Survey of Federal, State, and Local Laws Governing Historic Resources Protection . Washington, ...