| Sellers Generally Pay:
- Real estate commission
- Document transfer tax ($1.10 per $1,000 of sales price)
- Notary fees
- Property tax proration (to date of acquisition)
- Special delivery/courier fees, if required
- Document preparation fees
- Document recording charges
- Homeowner’s association statement fee and prorata dues
- Home warranty (according to contract)
- Work/repairs required (according to contract)
- Matters of record against the property or seller (loans, tax liens, judgments, etc.) and fees required to clear them (statement fees, reconveyance/trustee fees and prepayment penalties)
- Bonds and assessments (according to contract)
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Buyers Generally Pay:
- Title insurance policy premiums (lender’s and Buyer's)
- Escrow fees
- Notary fees
- Property tax proration (from acquisition date)
- Special delivery/courier fees, if required
- Document preparation fees
- Document recording charges
- Homeowner’s association transfer fee and prorata dues
- City costs
- Home warranty (according to contract)
- Inspection fees (according to contract)
- Matters of record against the buyer including tax liens, judgments and fees required to clear them
- Fire insurance premium for the first year
- Assumption/change of records fees if the buyer is taking over an existing loan
- Lender’s new loan charges
- Interest on new loan from date of funding to 30 days prior to the first payment
- Other prorations (rents, insurance etc.) if applicable
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