Job Recruitment Website - Property management - English translation/translation/interpretation
English translation/translation/interpretation
Conceptual; The key of TDR plan (such as Purchase Development Right (PDR) plan) is that development right is one of many rights related to simple land ownership. These land-based development rights can be used, idle, transferred or sold by land owners. For example, for more than 30 years, new york has allowed neighboring landowners to buy, sell and use vertical development rights, which is called "air rights". Once the development right of a plot is divided, no matter whether it is used or abandoned later, the protection easement will be placed on the property, separated from its development right, and the future use of the plot will be restricted. Protecting easement is a legal burden on the land, which restricts and prohibits the current and subsequent owners of the land from certain actions and land use.
Background of TDR
The key concept, such as the procurement procedure (TDR development right (doctor's desk reference) plan), is that the right to development is an agreement on land ownership, with many simple sets of rights. These unused land development rights can be used to transfer or sell a package of owners. For example, new york's right to purchase, sell and vertically expand the right to use, the so-called "air right", has been with neighboring landowners for more than 30 years. Once the development right of a package is seriously damaged, whether it is used afterwards, protected management right transaction or retirement, it is placed in the property separately from the development right, which limits the future use of the package. Everything is legal, protect the restrictions on land and the water flow to sandbars, and then have certain parcel behavior and land use.
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