What Fees Are Covered in Paragraph C of HOA Addendum?

Association fees, deposits for reserves, and all other charges associated with transfer of a property are covered by Paragraph C of the Addendum for Property Subject to Mandatory Membership in a Property Owners Association (TXR 1922). These fees had been split into two paragraphs, but the two paragraphs are now combined with the intention to cover all fees associated with the transfer of the property.

Paragraph C also provides a blank for the parties to set a maximum limit on the dollar amount of those fees that the buyer is responsible for. The seller is required to pay the amount of those fees that exceed that maximum limit.

Source: Texas REALTORS®