Utility Transfer Fees Clause Samples
The Utility Transfer Fees clause outlines which party is responsible for paying any fees associated with transferring utility services, such as electricity, water, or gas, when a property changes hands. Typically, this clause specifies whether the buyer or seller must cover these costs and may detail the process for ensuring utilities are properly transferred at closing. Its core function is to prevent disputes by clearly allocating responsibility for these often-overlooked expenses during a property transaction.
Utility Transfer Fees. Utility transfer fees can change. Any fees to transfer utilities from Seller to Buyer must be 748 paid by Buyer Seller One-Half by Buyer and One-Half by Seller N/A. 749 15.9. FIRPTA and Colorado Withholding.
Utility Transfer Fees. [omitted; inapplicable]
