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FAULTIER COUNTY PURCHASE OF DEVELOPMENT RIGHTS PROGRAM April 2020WHAT IS A DR PROGRAM? A Purchase of Development Rights (DR) Program allows a landowner to voluntarily sell the development potential
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How to fill out purchase of development rights

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Step 1: Research the purchase of development rights program in your area and familiarize yourself with the requirements and guidelines.
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Step 2: Contact the appropriate government agency or organization responsible for managing the purchase of development rights program.
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Step 3: Understand the criteria for eligibility and determine if your property qualifies for the program.
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Step 4: Prepare the necessary documentation, including property deeds, surveys, and any other required information or forms.
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Step 5: Submit your application and supporting documents to the designated agency or organization.
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Step 6: Await the review and evaluation of your application by the program administrators.
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Step 7: If your application is approved, negotiate the terms of the purchase of development rights agreement, including the financial compensation and any restrictions or requirements for the use of the property.
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Step 8: Sign the purchase of development rights agreement and complete any additional paperwork or legal procedures required.
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Step 9: Receive the agreed-upon compensation for the purchase of development rights.
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Step 10: Ensure compliance with the terms of the agreement and any ongoing obligations or monitoring requirements as specified.

Who needs purchase of development rights?

01
Landowners who want to protect their property from future development or preserve its agricultural, natural, or scenic value.
02
Environmental organizations or government agencies that aim to conserve open space, protect wildlife habitats, or maintain the ecological integrity of an area.
03
Local communities or municipalities interested in controlling urban sprawl, preserving rural character, or protecting important cultural or historical sites.
04
Developers or individuals looking to offset the environmental impacts of their construction projects by purchasing development rights in other areas.
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Purchase of development rights (PDR) is a program that allows landowners to sell the rights to develop their property, removing those rights from the land and preserving it for agricultural or conservation purposes.
Landowners who participate in the purchase of development rights program are required to file the necessary documentation.
To fill out a purchase of development rights application, landowners should complete the standard forms provided by the local authority, include property details, and submit them along with any required fees and supporting documentation.
The purpose of purchase of development rights is to prevent urban sprawl, protect natural resources, and maintain open spaces by compensating landowners for not developing their land.
Information that must be reported includes property location, current usage, the amount of development rights being sold, and the terms of the sale.
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