Who Pays the HOA Transfer Fee?

In the HOA Addendum, you and seller agree in black and white to who will pay the transer fee – you, the seller, or even split between you and seller.The HOA transfer fee and disclosure fees are one-time fees paid when a home is sold.

Some HOAs have exorbitant Transfer Fees (they can exceed $1,000) and in that case, the seller may try hard to get the buyer to pay the fees.

Disclosure Fees are paid by the seller as required by Arizona state law.

Sometimes, there are also Capital Improvement Fees, which help pay for major subdivision improvements not in the HOA's previous budget. These would normally be paid by the buyer, since they are the party who will benefit from the future improvement to the neighborhood.

To prevent any surprises later, we will help you work out during the original contract negotiations an agreement with the seller on who will pay the HOA fees.

Call Team Keller Homes with your questions about the HOA addendum.  Call Sandy at 928.458.1364 or David at 928.458.1373