§ 15.2-2316.1. Definitions
As used in this article, the term:
"Development rights" means the permitted uses and density of development that are allowed on the sending property under any zoning ordinance of a locality on a date prescribed by the ordinance.
"Receiving area" means an area identified by an ordinance and designated by the comprehensive plan as an area authorized to receive development rights transferred from a sending area.
"Receiving property" means a lot or parcel within which development rights are increased pursuant to a transfer of development rights. Receiving property shall be appropriate and suitable for development and shall be sufficient to accommodate the transferable development rights of the sending property.
"Sending area" means an area identified by an ordinance and designated by the comprehensive plan as an area from which development rights are authorized to be transferred to a receiving area.
"Sending property" means a lot or parcel that a locality deems necessary to limit future development in accordance with the ordinance adopted in subsection C of § 15.2-2316.2 or a receiving property that has received development rights from a sending property.
"Transfer of development rights" means the process by which development rights from a sending property are affixed to one or more receiving properties.
(2006, c. 573; 2007, cc. 363, 410.)
Sections: Previous 15.2-2310 15.2-2311 15.2-2312 15.2-2313 15.2-2314 15.2-2315 15.2-2316 15.2-2316.1 15.2-2316.2 15.2-2317 15.2-2318 15.2-2319 15.2-2320 15.2-2321 15.2-2322 NextLast modified: April 16, 2009