A.
In general. A development right of a transferor parcel may be transferred and used to increase residential or nonresidential development on a receiving parcel in accordance with the provisions of this article.
B.
For approved transfer of development rights prior to the 1994 Zoning Ordinance Update refer to § 18:1-7G.
C.
Limitations.
(1)
A development right may not be used in any manner inconsistent with the provisions set forth in this subsection.
(2)
A development right may not be used to increase residential density or nonresidential floor area or impervious area within the critical area unless the development right is derived from a portion of a transferor parcel that is located within the Critical Area Resource Conservation Area (RCA).
(3)
The use of a development right may result in the reduction of natural resource protection land required under this Chapter 18:1 on the receiving parcel, provided that natural resources are protected on the combined parcels overall based on the requirements set forth in Chapter 18:1, Part 4, Article XI.
(4)
A development right may not be used to increase density for receiving parcels located within the Critical Area Resource Conservation Area beyond the density allowed within the parcel's zoning district.
(5)
TDRs used on receiving parcels within the CMPD and TC Districts must be derived from eligible transferor parcels located within the Fourth (Kent Island) Election District.
(6)
TDRs used on receiving parcels within the Stevensville Growth Area must be derived from eligible transferor parcels located within the Fourth Election District of Queen Anne's County.
D.
Intermediate transfer. Subject to the provisions of this section, a development right may be transferred to a transferee prior to the time when its use for a specific receiving parcel has been finally approved in accordance with this article.