Land Use & Zoning

In New Mexico, a 'transfer of development rights' (TDR) program allows:

ALandowners to sell their property tax obligations to others
BLandowners in protected areas to sell unused development rights to developers in receiving zones, preserving open space while allowing density elsewhere✓ Correct
CThe government to take land without compensation
DDevelopers to bypass environmental review

Explanation

TDR programs allow density and development rights to be transferred from sending areas (agricultural land, open space, historic districts) to receiving areas designated for higher-density development, achieving conservation goals without government acquisition.

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