Development Rights Law and Legal Definition
Pursuant to the Uniform Common Interest Ownership Act, "Development rights" means any right or combination of rights reserved by a declarant in a declaration. The purpose of the declaration may be to add real estate to a common interest community; to create units, common elements, or limited common elements within a common interest community; to subdivide units or convert units into common elements; or to withdraw real estate from a common interest community.
Legal Definition list
Related Legal Terms
- 21st Century Nanotechnology Research and Development Act of 2003
- Abuse of Rights
- Acquired-Rights Doctrine
- Acquisition, Development and Construction (ADC) Loan
- Administration on Developmental Disabilities
- African Development Foundation
- Agricultural Trade Development and Assistance Act of 1954
- Air Rights
- Airport Development [Aeronautics and Space]
- Alcohol-Related Neurodevelopmental Disorders
