A developer submits a subdivision plat for approval. The local government requires the developer to dedicate land for streets and a park. This requirement is known as:
Why A dedication or exaction Is Correct
Answer B: A dedication or exaction
Key Land Use & Zoning Terms in This Question
Official permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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Key Terms to Know
The power of government to take private property for public use, with the requirement to pay the owner just compensation.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
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