Land Use & Zoning
An impact fee in Kentucky is charged to:
ABuyers as a closing cost for using the MLS
BDevelopers to fund public infrastructure needed to serve new development✓ Correct
CSellers to compensate the county for sales below assessed value
DBrokers to fund KREC operations
Explanation
Impact fees are charged by local governments to developers to help fund public infrastructure (roads, schools, parks, utilities) needed to serve new development.
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