Property Ownership
NJ's Transfer of Development Rights (TDR) programs allow landowners in sending zones to:
ABuild at higher densities in protected areas
BSell development rights to developers in designated receiving zones, preserving open space or farmland✓ Correct
CTransfer property tax obligations to the municipality
DMove their property from one municipality to another
Explanation
TDR programs allow owners in sending zones (farmland, open space, historic areas) to sell development rights they cannot use to developers in designated receiving zones, who can then build at greater densities. This compensates landowners while preserving sensitive areas.
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