Land Use & Zoning
A Historic Preservation designation on a property typically:
AIncreases the property's tax rate significantly
BRestricts the owner's ability to alter the exterior without approval, often providing tax incentives✓ Correct
CRequires the property to be sold to the government
DProhibits all renovation work
Explanation
Historic designation typically restricts exterior alterations, requiring approval from a historic preservation commission. In exchange, owners may receive tax credits or other incentives for appropriate rehabilitation.
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