A regulatory taking where the government allows land development only if the owner dedicates some money to the government is called a _____.

Question

Quizplus · Accepted Answer

A second class of regulatory takings involves situations where the government allows land development only if the owner dedicates some property interest (called an exaction) or money (called a mitigation or impact fee) to the government.Thus if you are developing land for housing,the city government might require that you devote a portion of that land to parks or pay a fee to help with community recreation needs.

A Regulatory Taking Where the Government Allows Land Development Only