Transfer of Development Rights

Density Credit Transactions - Density Credit Transactions refer to the buying, selling, or transferring of development rights, allowing property owners to adjust the allowable density of development on their land. These transactions are typically facilitated through legal agreements and are overseen by regulatory agencies to ensure compliance with land use and zoning laws.

Class Information

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Identification

Label (rdfs)
Density Credit Transactions
Preferred Label
Transfer of Development Rights
Alternative Labels
Density Bonus Trading, Development Right Exchanges, TDR, Zoning Credit Transactions
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Definition and Examples

Definition
Density Credit Transactions refer to the buying, selling, or transferring of development rights, allowing property owners to adjust the allowable density of development on their land. These transactions are typically facilitated through legal agreements and are overseen by regulatory agencies to ensure compliance with land use and zoning laws.
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Additional Information

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Deprecated
False

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