FOLIO Ontology

Density Credit Transactions

IRI:
https://folio.openlegalstandard.org/RCZWLI44IaT2FdTm22w3SiK
Preferred Label Transfer of Development Rights
Alternative Labels
Density Bonus Trading Development Right Exchanges TDR Zoning Credit Transactions

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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