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Transferable Development Rights (TDRs)

Exchanging TDRs
	Where can I find out who has TDRs they want to sell?
	In Boulder County, check with the Land Use Department or realtors. We are considering setting up an information clearinghouse or TDR repository that people could access to answer this and the next question.


	Where can I find out if someone is interested in buying my TDRs?
	See Above.


	If I purchase TDRs, am I the only one who can use them or can I sell them to someone?
	TDRs can be bought and sold over and over, but each transaction requires the issuance of new TDR certificates and recordation with the Clerk and Recorder. TDRs cannot be used on other sending sites that have had their TDRs purchased, nor can they be used on the property from which they were purchased.


	How long is a purchased, but unused TDR good for?
	Under the regulations which have been adopted, an unused TDR does not expire. This relates to the concept of "banking" discussed earlier.


	Can local governments buy TDRs and bank them for resale to developers?
	Yes. This is not a priority element of Boulder County's program, but the Land Use Code does permit government involvement. One of the primary reasons for government involvement is to provide some assurance to receiving site developers that purchasable units are available at a realistic price. Through the purchase and sale of TDRs, a local government could obtain funds to purchase additional open space land. Government participation in the buying and selling of TDRs is common to several programs in the United States.

Land Use Director: Dale Case
Land Use Department Divisions		Mailing Address
Planning, Zoning, GIS/Maps, Wildfire Mitigation: 303-441-3930	Building Division: 303-441-3925	Land Use Department PO Box 471 Boulder, CO 80306 Phone: 303-441-3930 Fax: 303-441-4856 Office Hours: M-F 8:00AM-4:30PM Please Note: Building permits can be applied for and issued until 4:00PM.
Courthouse Annex Building 2045 13th Street, Boulder, CO 80302 Map & Driving Directions

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