{"data":{"id":"us-vt/24-v.s.a.-5204","jurisdiction":"us-vt","citation":"24 V.S.A. § 5204","heading":"Payment of fees","body":"(a) An impact fee or obligation for offsite mitigation shall be a lien upon all property and improvements within land development for which the fee is assessed in the same manner and to the same effect as taxes are a lien upon real estate under section 32 V.S.A. § 5061.\n(b) A municipality may require payment of an impact fee or accept offsite mitigation before issuance of a zoning or subdivision permit.\n(c) A municipality may accept fees on installment at a reasonable rate of interest.\n(d) A municipality may require a letter of credit to guarantee future payment of an impact fee or offsite mitigation.","path":["Title 24: Municipal and County Government","Chapter 131: Impact Fees"],"source_url":"https://legislature.vermont.gov/statutes/section/24/131/05204","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T17:17:06Z","sha256":"357c5e1ec125f47bcb37b1cc3280aa96a5dc3634c0e3c4b582523c3f31e463e4","source_id":"us-vt","stale":false,"prev":"us-vt/24-v.s.a.-5203","next":"us-vt/24-v.s.a.-5205"},"notice":"GroundRules: Original legal text. Not legal advice."}
