Is there a Difference between a Disclosure Fee and a Transfer Fee?
By Beth Mulcahy, Esq. Yes, there is! There is often confusion in the community association industry regarding the difference between a “disclosure fee” and a “transfer fee”. Can an association charge a disclosure fee and/or a transfer fee, and, if so, how much? Disclosure Fees An association may charge a “disclosure fee” to compensate the association for the costs incurred [...]