The seller of any property must give notice of any impact fees that may be imposed upon the buyer.
An impact fee is a charge imposed by a local government on new development (i.e., the construction,
reconstruction, redevelopment, conversion, alteration, relocation or enlargement of any structure which
increases the number of service units) to finance some of the costs attributable to the new development.
Categories:
Residential Disclosure Guide,
Impact Fees