Today, the Vermont Legislature overrode the Governor of Vermont’s Veto of H.687, a drastic overhauling of Vermont’s Act 250 law. The new law greatly reworks Act 250 jurisdiction over both residential and commercial properties.
 
It will have the heaviest impact on central, southern and northern Vermont, and rural or wooded properties with long driveways and roads. In these areas, jurisdiction will likely be automatic due to “sensitive” environmental areas on the property. The law also may roll back jurisdiction in some developed areas but what those areas are remains be seen. The new law also comes with new taxes on second home buyers, new obligations to disclose development within a flood plain and new municipal zoning limitations.
 
These changes create a new set of rules for real estate development in Vermont. MSK Attorneys works with developers and municipalities to resolve questions relating to real estate permits. If you have questions about a project, please contact us online or call us at 1-802-861-7000.