Regulatory Techniques | Incentive-based Techniques | Participatory Techniques | Hybrid |
Agricultural Protection zoning | Impact fees, exactions, and mitigation ordinances | Fee-simple purchase or negotiated sale | Eminent domain with right of first refusal (ROFR) |
Cluster zoning | Mortgage assistance | Eminent domain | Pension plan with purchase of development rights (PDR) |
Right to farm laws | Recapture of rollback penalty | Land Banks | Transfer of Development rights (TDR) with protection zoning |
Urban growth boundaries | Use-value assessment | Purchase of development rights or of agricultural conservation easements. (PDR/PACE) programs | Agricultural districts |
Growth management regulations | Circuit breaker tax | Term easements | Capital gains reduction or bargain sales with PDR |
State executive orders | Transfer tax | ROFR | Installment payments with PDR |
Mandatory real estate disclosure | – | Land Leasing | Point systems with PDR |
Source: http://www.choicesmagazine.org/magazine/print.php?article=51