Land Use & Zoning
In Tennessee, a 'development agreement' between a municipality and a developer typically provides:
AA guaranteed sale price for the developed property
BVesting of development rights and regulatory certainty in exchange for developer commitments on infrastructure or amenities✓ Correct
CA tax abatement for all future owners
DAutomatic approval of future rezoning requests
Explanation
Development agreements vest the developer's right to develop under existing regulations for a specified period, while the developer commits to providing infrastructure improvements or other community benefits.
Related Tennessee Land Use & Zoning Questions
- A special use permit (conditional use permit) differs from a variance in that it:
- A planned unit development (PUD) differs from conventional zoning in that it:
- Euclidean zoning (the most common form of zoning in the U.S.) is characterized by:
- Form-based codes focus primarily on:
- New Urbanist design principles, increasingly applied in Tennessee communities, emphasize:
- Transferable development rights (TDRs) allow a property owner in a sending zone to:
- Spot zoning occurs when:
- Tennessee's Agricultural Development District (ADD) program allows:
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