A property in Queen Anne's County is classified as a Limited Development Area (LDA) under the Chesapeake Bay Critical Area Act. A buyer asks her agent what this classification generally means for future development of the property. Which of the following is the most accurate description of the LDA classification?
Correct Answer
C) LDA properties have low to moderate existing development density and permit limited additional development subject to Critical Area standards.
The Limited Development Area (LDA) classification under the Chesapeake Bay Critical Area Act applies to areas with low to moderate existing development density. LDA properties can accommodate some additional development, but only subject to the Critical Area's land use criteria, including buffer requirements, impervious surface limits, and vegetation protection standards. LDA represents a middle ground between the most restrictive Resource Conservation Area (RCA) and the least restrictive Intensely Developed Area (IDA).
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Related Topics & Key Terms
Key Terms:
Related Concepts
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
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