Density Credit Transactions
type: Class
preferred label: Transfer of Development Rights
alternative label: Density Bonus Trading
alternative label: Development Right Exchanges
alternative label: TDR
alternative label: Zoning Credit Transactions
subclass of: Rxq2qQYpdo9stHOBIQhub7
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.