In Arizona, 'transferable development rights' (TDR) programs allow property owners in designated 'sending areas' to:
Why Sell their unused development rights to developers in designated 'receiving areas,' allowing sending area land to remain undeveloped while receiving areas develop more densely Is Correct
Answer B: Sell their unused development rights to developers in designated 'receiving areas,' allowing sending area land to remain undeveloped while receiving areas develop more densely
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Key Terms to Know
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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