2006 Code of Virginia § 15.2-2316.1 - Definitions
15.2-2316.1. Definitions.
As used in this article, the term:
"Development rights" means the permitted uses and density of developmentthat would be allowed on the sending property under any local zoningordinance of a locality in effect on the date an application is submittedpursuant to this article.
"Receiving area" means an area identified by an ordinance and designated bythe comprehensive plan as an area authorized to receive development rightstransferred from a sending area.
"Receiving property" means a lot or parcel within which development rightsare increased pursuant to a transfer of development rights. Receivingproperty shall be appropriate and suitable for development and shall besufficient to accommodate the transferable development rights of the sendingproperty.
"Sending area" means an area identified by an ordinance and designated bythe comprehensive plan as an area from which development rights areauthorized to be transferred to a receiving area.
"Sending property" means a lot or parcel that a locality deems necessary tolimit future development in accordance with the ordinance adopted insubsection C of 15.2-2316.2.
"Transfer of development rights" means the process by which developmentrights from a sending property are affixed to one or more receivingproperties.
(2006, c. 573.)
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