ALTA addresses Transfer Fee Covenants

08/26/2011 9:41 AM | Anonymous
Florida was among the first in the nation to ban Private Transfer Fee Covenants over four years ago.  That largely solved "our" title problem with them.   But the battle continues in other states and through the aggressive efforts of ALTA and other state title associations more and more states are banning or placing significant restrictions on such transfer fees. 

Steve Gottheim, ALTA's legislative and regulatory counsel, recently participated in an October Research Webinar on the status of Private Transfer Fee Covenants nationally.   More information is available here.  

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