Land Use & Zoning
What is a development agreement in Nevada real estate?
AA private agreement between a buyer and seller about renovation
BA contract between a local government and a developer specifying allowable uses and development standards for a project✓ Correct
CAn agreement among neighboring property owners about land use
DA federal permit required for all Nevada subdivisions
Explanation
A development agreement (authorized under NRS 278.0201) is a contract between a local government and a developer that locks in approved land uses, standards, and conditions for a specified period. It provides certainty to developers and communities for large-scale projects.
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