Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Texas Expected to Ban Real Estate Transfer Fees
This is actually good news for Texas homeowners. It really wasn't just HOAs that were adding fees to the CC&Rs, some sellers figured out how to do it as well.
Tom
The Texas House and Senate have overwhelmingly voted for a bill that would ban private transfer fees on real estate. The new legislation bans new private transfer fees. Developers who have existing fees on properties must file a notice of the obligation in county property records by Jan. 31, 2012, and update it every three years, or the transfer fee is void. Homeowner and property owner associations are not affected by the private transfer fee bill.
These private transfer fees are written into neighborhood deed restrictions typically cost 1 percent of the home's sale price. This transfer fee goes back to the original developer each time the home changes hands over the next 99 years.
Texas is expected to soon join 33 other states that have banned or restricted private transfer fees. Private transfer fees have not been common in Texas, but they have been marketed to developers as a way to create an income stream in a down market. One Fort Bend neighborhood with a private transfer fee is the master planned community of Sienna Plantation.
Many home owners and buyers are unaware of ... more

__________________________________________________
Are you on The Rain? Grow Your Network!