Definition
TDR (Transfer of Development Rights) programs allow landowners with development restrictions to sell unused density to properties that can accommodate it. It funds conservation while allowing development elsewhere. It's a creative tool for managing growth sustainably.
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TDR programs allow owners of conservation land to sell development rights to owners of land that can accommodate additional density. This funds conservation while allowing profitable development elsewhere.
Pro Tip
TDR programs exist in some areas but not others. If available in your area, understand how they work and whether your property qualifies. They can unlock value from restricted properties.
Example
A landowner selling development rights for 50 units to another property, reducing their own density to 5 units.