Transfer fee covenant means a declaration or covenant purporting to affect real property which requires or purports to require the payment of a transfer fee to the declarant or other person specified in the covenant or declaration, or to their successors or assigns, upon a subsequent transfer of an interest in the real property.
Transfer fee covenant means a declaration or covenant that requires or purports to require the payment of a transfer fee to the declarant or other person specified in the declaration or covenant or to that person's successors or assigns.
Transfer fee covenant means a provision in a document, whether recorded or not and however denominated, which purports to run with the land or bind current owners or successors in title to specified real property located in this State, and which obligates a transferee or transferor of all or part of the property to pay a fee or charge to a third person upon transfer of an interest in all or part of the property, or in consideration for permitting this transfer. A ‘transfer fee covenant’ does not include:
Examples of Transfer fee covenant in a sentence
Transfer fee covenant" means a declaration or covenant that requires or purports to require the payment of a transfer fee to the declarant or other person specified in the declaration or covenant or to that person's successors or assigns.
Transfer fee covenant" means a declaration or covenant purporting to affect real property that requires or purports to require the payment of a transfer fee to the declarant or other person specified in the declaration or covenant or to their successors or assigns, upon a subsequent transfer of an interest in the real property.
More Definitions of Transfer fee covenant
Transfer fee covenant means a provision in a document,
Transfer fee covenant means a covenant or declaration that purports to affect real property and that requires or purports to require, upon a subsequent transfer of such property, the payment of a transfer fee to the declarant or other nongovernmental person or entity specified in the covenant or declaration or to the assigns or successors of such declarant or nongovernmental person or entity.
Transfer fee covenant. MEANS A PROVISION IN A DOCUMENT, WHETHER RECORDED OR NOT AND HOWEVER DENOMINATED, THAT REQUIRES OR PURPORTS TO REQUIRE THE PAYMENT OF A TRANSFER FEE, OR PART OF A TRANSFER FEE, TO A PAYEE. A TRANSFER FEE COVENANT SHALL NOT INCLUDE, NOR SHALL THIS SECTION APPLY TO, AN EXCLUDED PROVISION.
Transfer fee covenant means a covenant or declaration that purports to affect real property and
Transfer fee covenant means a covenant or declaration recorded or filed against the title to real property that requires the payment of a transfer fee to the declarant or other person specified in the covenant or declaration or to the declarant's or other person's successors or assigns upon each subsequent transfer of a legal or equitable interest the real property.
Transfer fee covenant means a declaration or covenant that, by its terms, purports
Transfer fee covenant means a declaration or covenant purporting to affect