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More states prohibit transfer fee obligations

February 26th, 2012 by Joseph William Singer

Statutes have been passed in Pennsylvania, South Dakota, Virginia and Washington prohibiting transfer fee obligations which requires payments of fees to a prior seller every time the property is sold. 2011 Pa. Laws 8; 2011 S.D. Sess. Laws 196; 2011 Va. Acts 706; 2011 Wash. Legis. Serv. 36.

Posted in Consumer protection, Estates & future interests, Real estate transactions | Comments Off on More states prohibit transfer fee obligations

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