Land Use & Zoning
An 'impact fee' in Georgia is charged to:
AA. Property sellers who profit from rezoning
BB. Developers to offset the public cost of infrastructure needed for new development✓ Correct
CC. All property owners annually for road maintenance
DD. Buyers of newly constructed homes only
Explanation
Impact fees are charged to developers/builders to offset costs of public infrastructure (roads, schools, water/sewer) required by new development. Georgia law authorizes local governments to charge impact fees under the Georgia Development Impact Fee Act.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Closing CostsFees 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.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
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.
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