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development rights
plural noun
- rights to use real property, such as farmland, in ways that differ from the current use.
Example Sentences
Through a planning tool known as “transfer of development rights,” homeowners in high-risk areas could work with city officials to exchange for property in safer neighborhoods.
F Homeowners who cannot rebuild in perimeter and interior buffer zones can work with city offcials to exchange development rights, allowing them to rebuild in safer neighborhoods.
Along with the building code enhancements that are likely to emerge after these fires, change could come through land use innovations such as buying out landowners who don’t want to rebuild, putting restrictions on investors and swapping development rights.
Something similar to development rights transfers has become a key element in the recovery of Paradise, Calif., the foothill town almost completely destroyed in the 2018 Camp fire.
“In the last three or four years, the level and prestige and success of series and limited series has grown so much,” Rodrigo García, the novelist’s son, said about his family’s decision to sell the development rights.
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