Transferable Development Rights definition

Transferable Development Rights. (TDR) means certificates issued in respect of category of land acquired for public purposes either by the Central or State Government in consideration of surrender of land by the owner without monetary compensation, which are transferable in part or whole.

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Transferable Development Rights or "TDR" shall mean development rights issued by the competent authority under relevant laws in lieu of the area relinquished or surrendered by the owner or developer or by way of declared incentives by the government or authority;

Transferable Development Rights means a right to develop one

Examples of Transferable Development Rights in a sentence

COUNTY OF KING ) I certify that I know or have satisfactory evidence that ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ is the person who appeared before me, and said person acknowledged that he signed this instrument, on oath stated that he is authorized to execute the instrument and acknowledged it as the Program Manager, Transferable Development Rights Program of King County to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.
The City of Seattle, by Ordinance 124172, amended Chapter 23 of the Seattle Municipal Code (“SMC”) to allow developers to purchase and use Rural Transferable Development Rights, as certified by King County’s Transferable Development Rights (“TDR”) Program pursuant to King County Code (“KCC”) Ch. 21A.37 (hereafter “Regional Development Credits”), for bonus floor area within the South Lake Union, Denny/Broad, and Downtown Commercial Core neighborhoods.
Witness: ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ Owner LLC By: Name: Title: Authorized Person STATE OF ) COUNTY OF ) SS: The foregoing Assignment of Transferable Development Rights was acknowledged before me on this day of January 2007, as Authorized Person of ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ Owner LLC, for the purpose contained herein.
At the Closing, Seller shall sell to Purchaser, and Purchaser shall purchase from Seller, the 108.83 Transferable Development Rights (“TDRs”) owned by Purchaser under applicable COR ordinances.
A Preservationist's Guide to Urban Transferable Development Rights .

More Definitions of Transferable Development Rights

Transferable Development Rights means transferable development rights as that term is defined in the city’s planning code, as may be amended from time to time.

Transferable Development Rights means a right to develop

Transferable Development Rights means all or that portion of development rights that are

Transferable Development Rights means a right to develop one or more residential units in a sending area that can be sold and transferred. [2011 c 318 § 201.]

Transferable Development Rights means a right to develop one or more residential units in a sending area that can be sold and transferred.

Transferable Development Rights. (TDR) means certificates issued in respect of

Transferable Development Rights means an award specifying the built up area in lieu of amount as consideration to owner of the land which is proposed and reserved for non profitable land use such as public amenities or road widening or recreational purpose,