Examples of Development rights in a sentence
Development rights may not be transferred across the boundary of the #Special Governors Island District#.
In addition to developing some or all of the Entire Premises that are outside of the Building, Landlord’s Development rights set forth above shall include all roof-top and other exterior communication and advertising rights on or about the Entire Premises, including, without limitation, the exclusive right to install, locate, maintain, use, replace and repair satellite dishes and other roof-top communications equipment on the roof of the Building.
Development rights are valued by the private market, and may be conveyed and reconveyed.
These incentives are, amongst others: − Tax incentives, which can be tax rebates and others.− Land incentives, where government can avail land to developers for projects.− Development rights incentives which may include land use rights and relaxed and accommodating rights− Bulk Infrastructure should be readily available to be connected to the development.
Development rights are defined as either the number of residential units allowable on the portion of the site designated, or as the total floor area allowable in non- residential use of the portion of the site designated.