What is 'transfer of development rights' (TDR) in Delaware land use planning?
Why A voluntary program allowing development rights from a sending area (typically agricultural or conservation land) to be transferred to a receiving area (typically near urban centers) Is Correct
Answer B: A voluntary program allowing development rights from a sending area (typically agricultural or conservation land) to be transferred to a receiving area (typically near urban centers)
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Key Terms to Know
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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