Full Definition
Entitlements are the specific approvals a property must obtain from the municipality before development can proceed: site plan approval, variance, conditional use permit, plat approval, concurrency certificate. Entitlement processes typically take 3-12 months and carry approval risk. Pre-entitled land commands premium pricing.
Related Terms
Zoning
Municipal regulations dictating how land can be used — commercial, residential, industrial, mixed-use.
Variance
Municipal approval allowing a specific property to deviate from zoning requirements due to unique hardship.
Site Plan
Engineering drawings showing how a site will be developed — building, parking, drainage, landscaping, utilities.