Covenant Clearinghouse Prevails in Dallas County Fee Dispute
The homeowner who brought the case appeared to be unaware of the nature of the fee or that the Declaration encumbered her property. "Consumers rely on their advisors when closing real estate transactions, yet for years some Realtors and title insurance companies have seemingly circulated inaccurate and incomplete information about capital recovery fees like the one at issue here," said
About Covenant Clearinghouse, LLC
For over a decade, Austin-based Covenant Clearinghouse, LLC has administered assessment rights — also known as capital recovery fees or transfer fees — created in connection with hundreds of billions of dollars in planned and existing commercial and residential real estate projects. These rights help fairly apportion development costs, reduce the burden of homeownership, and provide long-term, sustainable funding for nonprofits. For more information, visit www.covenantclearinghouse.com.
Contact:
Covenant Clearinghouse, LLC
Media Relations
[email protected]
View original content:https://www.prnewswire.com/news-releases/covenant-clearinghouse-prevails-in-dallas-county-fee-dispute-302827955.html
SOURCE Covenant Clearinghouse LLC
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