76-3107. Private transfer fee obligation, defined.
56 words·~1 min read·
/ne/chapter-76/76-3107A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Private transfer fee obligation means an obligation arising under a declaration or covenant recorded against the title to real property, or under any other contractual agreement or promise, whether or not recorded, that requires or purports to require the payment of a private transfer fee upon a subsequent transfer of an interest in the real property.