Development Rights

Development rights are legal permissions and entitlements to build, modify, or develop a property according to specified parameters and regulations.

Right TypeDescription
Building permitAuthority to construct
Zoning complianceUse permitted by classification
Density allowanceUnits or area permitted
Height restrictionsMaximum building elevation
Design approvalAesthetic and technical standards
Transfer MechanismMethod
AssignmentRights sold with property
Separate saleRights sold independently
Joint ventureRights contributed to partnership
Approval requiredAuthority consent needed

Related Terms

Building PermitZoning LawsLand RightsMaster-Planned CommunityMaster Plan

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