Vested right definition

Vested right means the right to undertake and complete the development and use of property under the terms and conditions of an approved site specific development plan or an approved phased development plan.
Vested right means the right to undertake and complete the development of property under the terms and conditions of a site specific development plan or a phased development plan as provided in this article and in the local land development ordinances or regulations adopted pursuant to this chapter.
Vested right means a property right conferred by this Agreement that may not be rescinded, reduced, revoked or abrogated by the City.

Examples of Vested right in a sentence

  • Vested right attaches to real property; applicability of laws relating to public health, safety and welfare.

  • The Planning Officer will briefly introduce each item highlighting the key issues for Members consideration.

  • Vested right status may be applied for jointly with the special use permit application or may be requested at a later date.

  • Vested right can arise from contract, statute or by operation of law.

  • Vested right status for the proposed use or development project may be applied for jointly with the conditional use permit application or may be requested at a later date.


More Definitions of Vested right

Vested right means the right of a person under a common law or statutory claim to continue the use of water having actually been applied to any beneficial use, including domestic use, on or before June 28, 1945, to the extent of the maximum quantity and rate of diversion for the beneficial use made thereof, and shall include the right to take and use water for beneficial purposes where a person is engaged in the construction of works for the actual application of water to a beneficial use on June 28, 1945, provided such works shall be completed and water is actually applied for such use within a reasonable time thereafter by such person, such person’s heirs, successors or assigns. Such a right does not include, however, those common law claims under which a person has not applied water to any beneficial use within the periods of time set out in this subsection.
Vested right. 42 means the right to undertake and complete the development and use of property under the terms and conditions of an approval secured as specified in G.S. 160D-1-8 or under common law. approved site specific development plan or an approved phased development plan.
Vested right means the right to proceed with the development of the Project in accordance with the terms of the Collective Standards, which Collective Standards may not be amended, modified or changed by the Town except as provided by this Agreement. (The term "vested right" need not be capitalized in this Agreement.)
Vested right means a right to develop property established by the expenditure of substantial sums of money pursuant to a permit or approval granted by the city, town or county.
Vested right. (generally stated) means a right or entitlement of a property owner to use property in a certain way or to undertake and complete a development of property despite a zoning change that otherwise would prohibit such a use or development. (A nonconforming use, preexisting the adoption or change of a zoning ordinance that would prohibit the use, is an example of a limited vested right ‒ the owner can continue the use until the right is terminated by the zoning ordinance such as by time amortization or in the event of abandonment or discontinuance.)
Vested right means a right belonging completely and unconditionally to a person as a property interest which cannot be impaired or taken away (as through retroactive legislation) without the consent of the owner
Vested right means the right to undertake and complete the development