transfer fees

Introduction to Private Transfer Fee Covenants In California, private transfer fee covenants are agreements that require homeowners to pay a fee upon the transfer of their property. These fees, usually a percentage of the sale price, are collected by a designated third party, often for the purpose of funding designated programs or services. Their origin … Read more

Introduction to Private Transfer Fee Covenants Private transfer fee covenants are contractual agreements that impose a fee on real estate transactions, typically paid by the buyer to the developer or an affiliated third party each time the property is sold. These fees are often calculated as a percentage of the sale price and are specified … Read more