Land Use & Zoning
A 'TDR' (Transfer of Development Rights) program in Rhode Island allows:
AOwners to transfer property without paying the realty transfer tax
BDevelopment rights to be transferred from a preservation area to a designated receiving area✓ Correct
CMunicipalities to transfer zoning authority to the state
DLandlords to transfer lease agreements to new property managers
Explanation
Transfer of Development Rights (TDR) programs allow landowners in protected areas (sending zones) to sell their unused development rights to developers who apply them to receiving zones, allowing denser development there while preserving open space or farmland in the sending zone.
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