Administered by the Arizona Department of Water Resources (ADWR), the state's Active Management Areas (AMA's) were established to provide long-term management and conservation of limited groundwater supplies. The five (5) AMA's - Prescott, Phoenix, Pinal, Tucson, and Santa Cruz - cover the majority of Arizona's agricultural land and urban population centers that exist where groundwater supplies are extremely limited. Rules governing water use and land development in AMA's are generally more stringent and focused on conservation of water resources in than elsewhere in the state. Applications for new development and subdivisions are managed by ADWR's Office of Assured and Adequate Water Supply under the Assured Water Supply Program.

The amount of time that has passed since a building or other structure was built.

Harmful biological effects that occur following a single or multiple rapid exposures to or doses of a noxious compound or substance

Latin for according to valuation usually referring to a type of tax or assessment

A supplement to any document that contains additional information pertinent to the subject.

This program operates outside Active Management Areas (AMA's) in the state of Arizona to address water availability in new subdivisions. Developers or subdividers are required to request a water supply assessment for the next 100 years from the Arizona Department of Water Resources (ADWR). If the 100-year water supply is deemed inadequate, lots may be sold only if the developer clearly discloses this fact to potential buyers.

A contract which is very one-sided and favors the party who drafted the document

Touching or contiguous. To be in contact with.

Persons who own land touching the subject land.

A type of mortgage where the interest rate varies based on a particular index, normally the prime lending rate.

The value of an asset (property or otherwise) that includes the original price plus the value of any improvement, and less any applicable depreciation.

An estimate of a property's sales price, after adjustments have been made to account for differences between it and another comparable property.

The date the interest rate changes on an adjustable rate mortgage.

The acquiring of title to real property owned by someone else, by means of open, notorious and continuous possession for the statutory period of time (varies by state).

he additional value a property enjoys based on subjective criteria such as look or appeal.

1. Zoning ordinances that specify certain types of architecture to encourage pleasing or beautiful building appearances. 2. Zoning ordinances that regulate uniformity of architecture, so that new construction is similar to and in scale with existing structures.

A sworn statement reduced to writing and made under oath before a Notary Public or other official authorized by law to administer an oath

A calculation used to determine an individual's likelihood of being able to meet the obligations of a mortgage for a particular property. Takes into account the down payment, closing costs and on-going mortgage payments.

A relationship created when one person, the principal delegates to another, the agent the right to act on the principal's behalf in business transactions and to exercise some degree of discretion while so acting. An agency gives rise to a fiduciary relationship and imposes on the agent, as the fiduciary of the principal, certain duties, obligations and high standards of good faith and loyalty.

Definition: One who is authorized to represent and to act on behalf of another person (called the principal). A real estate broker is the agent of his client, be it the seller or buyer, to whom he owes a fiduciary obligation. A real estate salesperson is the agent of his broker and does not have a direct personal contractual relationship with either the seller or buyer.

Terms, Definitions, and Concepts: Auction, Finance and Investment, Legal (Law), Management, Real Estate

An agreement between the seller (vendor) and buyer (vendee) for the purchase of real property

The business of agricultural production, particularly that of food supply. This term applies generically to such various enterprises as farm equipment, machinery, and supplies; seed production; livestock and poultry operations; processing; and sales and distribution.

Zoning policies intended to protect farmland and farming activities from incompatible nonfarm uses, such as residential and commercial development. Agricultural protection zoning, aslo referred to as agricultural zoning, can specify many factors, such as preferred land use, minimum size of farm or the number of nonfarm or residential dwellings allowed. Agricultural zoning is usually based on historic land use, soil properties, and location and allows activities such as orchards, farms, ranching, or timber production.

Zoning policies intended to protect farmland and farming activities from incompatible nonfarm uses, such as residential and commercial development. Agricultural zoning, aslo referred to as agricultural protection zoning, can specify many factors, such as preferred land use, minimum size of farm or the number of nonfarm or residential dwellings allowed. Agricultural zoning is usually based on historic land use, soil properties, and location and allows activities such as orchards, farms, ranching, or timber production.

Term describing the incorporation of ecological considerations into agricultural operations, with special emphasis on ecological and ecosystem sustainability.