SC S0288

Authorizes local governments to adopt ordinances allowing voluntary transfer of development rights from one parcel ("sending property") to another ("receiving property"), restricting development on the sending property while increasing density on the receiving property

Requires ordinances to designate sending and receiving areas on zoning maps, ensure development restrictions bind current and future landowners, and allow for immediate or delayed transfer of rights

Permits municipalities, counties, and private individuals to purchase and hold development rights for conservation purposes or resale

Allows two or more local governments to enter intergovernmental agreements for transferring development rights across jurisdictions

Preserves the validity of any development rights transfers completed under earlier statutes or ordinances