What is the duration that rights continue under a planning board's preliminary approval?

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Multiple Choice

What is the duration that rights continue under a planning board's preliminary approval?

Explanation:
Under New Jersey municipal planning law, the duration for which rights continue under a planning board's preliminary approval is three years. This time frame is established to provide a balance between granting developers sufficient time to secure final approval and ensuring that the community can adapt to changing circumstances or regulations that may occur after preliminary approval is granted. During this three-year period, developers typically can work towards final approval without the concern of their preliminary approval expiring, which allows them to invest time and resources into the project with a level of security. It's important for planners and developers to understand this timeline to effectively manage project planning and execution. Understanding the duration of preliminary approval is essential for ensuring compliance with local regulations and ensuring that development plans align with community goals and needs.

Under New Jersey municipal planning law, the duration for which rights continue under a planning board's preliminary approval is three years. This time frame is established to provide a balance between granting developers sufficient time to secure final approval and ensuring that the community can adapt to changing circumstances or regulations that may occur after preliminary approval is granted.

During this three-year period, developers typically can work towards final approval without the concern of their preliminary approval expiring, which allows them to invest time and resources into the project with a level of security. It's important for planners and developers to understand this timeline to effectively manage project planning and execution. Understanding the duration of preliminary approval is essential for ensuring compliance with local regulations and ensuring that development plans align with community goals and needs.

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