External Development Charges Clause Samples

The External Development Charges clause defines the responsibility for paying fees or charges imposed by governmental or regulatory authorities for infrastructure or services outside the property being developed. Typically, this clause specifies whether the buyer or seller is responsible for these costs, which may include charges for roads, utilities, or community amenities that benefit the broader area. Its core function is to allocate financial responsibility for these external improvements, ensuring clarity and preventing disputes over who bears these additional costs.