Check Your Understanding Answers
Print this page, answer the questions and then advance to the next page to see the answers.
- Explain transfer of development rights?
Transfer of development rights are a method for protecting land by transferring the "rights to develop" from one area and giving them to another.
- What is a moratorium?
A moratorium is a temporary suspension of the development of a property.
- What do sunshine laws require of planning meetings?
Sunshine laws mandate that meetings of governmental agencies and departments, including planning meetings, be open to the public.
- What does the Interstate Land Sales Full Disclosure Act say that developers must give to potential purchasers and lessees?
Developers must provide a buyer or lessee with a printed property report, which gives specific information about the property, before the buyer or lessee signs a purchase contract or lease.
