Land Use & Zoning
The concept of transferable development rights (TDR) allows a property owner to:
ATransfer their property tax liability to the buyer
BSell unused development rights from a restricted parcel to a developer in a designated receiving area✓ Correct
CTransfer zoning classification to an adjacent property
DSell easements across their property
Explanation
TDR programs allow owners of restricted parcels (such as farmland or historic properties) to sell their unused development rights to developers in designated receiving zones where increased density is permitted.
Related Arkansas Land Use & Zoning Questions
- Exactions (or impact fees) imposed on a developer by a municipality are intended to:
- A property owner wants to use their residentially zoned land for a small office. They apply for and receive approval for a use that doesn't conform to current zoning. This is called a:
- Which element is most important in determining whether a use constitutes a legally nonconforming use in Arkansas?
- Which of the following describes 'spot zoning' in a negative context?
- A developer who files a plat map with the county for approval of a new subdivision is required to:
- A property owner who disagrees with a zoning board's denial of a variance may:
- Exactions in land use law refer to:
- The primary purpose of a 'dark store' theory in property tax assessment litigation is:
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