Land Use & Zoning
A West Virginia town adopts an agricultural preservation program offering landowners cash for permanently restricting development on their farmland through a conservation easement. This is called:
AEminent domain
BPurchase of development rights (PDR)✓ Correct
CInverse condemnation
DSpot zoning
Explanation
A purchase of development rights (PDR) program compensates landowners for voluntarily conveying conservation easements that permanently restrict development. The land remains privately owned but development rights are extinguished.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
EasementA non-possessory right to use another person's land for a specific purpose.
Adjustable-Rate Mortgage (ARM)A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
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