In Arizona, impact fees charged by a municipality for new development must be:
Why Proportional to the development's share of the cost for public facilities necessitated by the development Is Correct
Answer A: Proportional to the development's share of the cost for public facilities necessitated by the development
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Key Terms to Know
Fees and expenses paid by the buyer and/or seller at the closing of a real estate transaction, in addition to the property's purchase price.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
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