Land Use & Zoning

What is 'transfer of development rights' (TDR) in Delaware?

AThe sale of a property from one developer to another
BA program allowing landowners in restricted areas to sell their unused development rights to owners in areas designated for higher density✓ Correct
CThe transfer of a building permit from one lot to an adjacent lot
DThe right of a developer to transfer zoning approvals to a new purchaser

Explanation

TDR programs allow owners of land in 'sending areas' (where development is restricted) to sell their unused development potential to owners in 'receiving areas' (where higher density development is desired), preserving open space while concentrating development.

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