New Mexico Statutes

§ 5-8-43 — Purpose; transfer of development rights

New Mexico·Ch. 5 Municipalities and Counties·Art. 8 Land Development Fees and Rights

A. The purpose of this section is to:

(1)clarify an application of existing authority;
(2)provide guidelines for counties and municipalities to regulate transfers of development rights consistent with comprehensive plans;
(3)encourage the conservation of ecological, agricultural and historical land; and (4) require public notification of transfers of development rights. B. A municipality or county may, by ordinance, provide for voluntary transfer of all or partial development rights from one parcel of land to another parcel of land. C. The ordinance shall identify on a zoning map areas from which development rights may be transferred and areas to which development rights may be transferred. D. The ordinance shall provide for:
(1)the voluntary transfer of a development right from one pa

Free access — add to your briefcase to read the full text and ask questions with AI

New Mexico § 5-8-43 (Purpose; transfer of development rights) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 2003, ch. 229, § 1.

Nearby Sections

15
View on official source ↗