Who pays the transfer fees in a transaction involving an HOA?
Some homeowners associations charge fees for transferring the ownership of property from a seller to a buyer. Paragraph C, Fees, of the Addendum for Property Subject to Mandatory Membership in a Property Owners Association (TAR 1922, TREC 36-8) covers that cost.
It states that except for fees covered in Paragraphs A, D, and E, the buyer will pay all costs and fees associated with the property transfer. Paragraph C also contains a blank that caps the buyer’s responsibility at a certain dollar amount, after which the seller will pay the balance.
Your TAR forms library includes 126 forms available exclusively to Texas REALTORS® in addition to 32 forms approved by TREC for use by license holders. See them all at texasrealestate.com.