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Exact may refer to: * Exaction, a concept in real property law * ''Ex'Act'', 2016 studio album by Exo * Schooner Exact, the ship which carried the founders of Seattle Companies * Exact (company), a Dutch software company * Exact Change, an American independent book publishing company * Exact Editions, a content management platform Mathematics * Exact differentials, in multivariate calculus * Exact algorithms, in computer science and operations research * Exact colorings, in graph theory * Exact couples, a general source of spectral sequences * Exact sequences, in homological algebra * Exact functor, a function which preserves exact sequences See also

* *Exactor (other) *XACT (other) *EXACTO, a sniper rifle {{disambiguation ...
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Exaction
An exaction is a concept in US real property law where a condition for development is imposed on a parcel of land that requires the developer to mitigate anticipated negative impacts of the development. The rationale for imposing the exaction is to offset the costs, defined broadly in economic terms, of the development to the municipality. Exactions are similar to impact fees, which are direct payments to local governments instead of conditions on development. Exactions and takings The Supreme Court of the United States has identified several criteria for identifying when an exaction becomes a Eminent domain in the United States, taking that requires compensation under the Fifth Amendment to the United States Constitution, Fifth Amendment. Essential nexus In ''Nollan v. California Coastal Commission'', the court ruled that an exaction is legitimate if it shares an "essential nexus" with the reasons that would allow rejection of the permit altogether. In ''Nollan'' the court requir ...
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