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POLICE POWER The constitutional authority and inherent power of a state to adopt and enforce laws and regulations to promote and support the public health, safety, morals and general welfare. PORTE COCHERE A roofed structure extending from the entrance of a building over an adjacent driveway to shelter those getting into or out of vehicles. CLUSTER DEVELOPMENT The grouping of housing units on less than normal size homesites, with the remaining land being devoted to common areas. EXECUTORY CONTRACT A contract in which one or both of the parties has not yet performed. NOTICE OF DEFAULT A notice to a defaulting party that there has been a default, usually providing a grace period in which to cure the default. BUILDING PERMIT A written permission granted by the County Building Department and required prior to beginning the construction of a new building or other improvement (including fences, fence walls, retaining walls and swimming pools). LOAN ORIGINATION FEE Fee charged by a lender to cover administrative costs of processing a loan. |
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