In Alaska, a 'Transfer of Development Rights' (TDR) program allows:
Why Development rights to be purchased from landowners in a preservation area and used to increase density elsewhere Is Correct
Answer B: Development rights to be purchased from landowners in a preservation area and used to increase density elsewhere
Key Land Use & Zoning Terms in This Question
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Key Terms to Know
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Debt-to-Income Ratio (DTI)A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.
Comparable Sales (Comps)Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
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