Who is responsible for paying any private transfer fees according to the One to Four Family Residential Contract (Resale)?

In the context of the One to Four Family Residential Contract (Resale) in Texas, the seller is responsible for paying any private transfer fees associated with the transaction. This is typically outlined in the contract to clarify that these fees, which may arise from homeowners' associations or other entities, are considered a liability of the seller when selling the property.

Private transfer fees are often imposed to facilitate funding for community projects or to maintain common areas within a development. Given that these fees are connected to the seller's interest in the property and the obligations that come with transferring ownership, the agreement places this financial responsibility on the seller rather than the buyer or other parties involved in the transaction, such as agents or title companies. Therefore, understanding which party holds these financial obligations is key in navigating the terms of a real estate transaction in Texas.