Land Use & Zoning
In Tennessee, a 'transfer of development rights' (TDR) program allows owners of restricted property to:
ASell their unused development rights to owners of property in designated receiving areas✓ Correct
BTransfer their zoning classification to adjacent parcels
CAvoid all property taxes in exchange for development restrictions
DRequest state government compensation for all zoning restrictions
Explanation
TDR programs allow landowners in sending zones (e.g., agricultural preservation areas) to sell their development rights to owners in receiving zones who want to build at higher densities, compensating the restricted landowner.
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