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More states prohibit transfer fee obligations
Posted on February 26th, 2012 by Joseph William Singer.
Categories: Consumer protection, Estates & future interests, Real estate transactions.
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.
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