In land development, builders seek access to additional lots without commitment. Developers want to provide this opportunity, but retain control of the lots in the event that the builder has difficulty selling spec and completed homes. Which of the following is useful to regulate the takedown of lots from a builder? Rolling options Development agreement Growth moratoriums Vesting of development rights
In land development, builders seek access to additional lots without commitment. Developers want to provide this opportunity, but retain control of the lots in the event that the builder has difficulty selling spec and completed homes. Which of the following is useful to regulate the takedown of lots from a builder? Rolling options Development agreement Growth moratoriums Vesting of development rights
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Transcribed Image Text:In land development, builders seek access to additional lots without commitment. Developers
want to provide this opportunity, but retain control of the lots in the event that the builder has
difficulty selling spec and completed homes. Which of the following is useful to regulate the
takedown of lots from a builder?
Rolling options
Development agreement
Growth moratoriums
Vesting of development rights
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