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Monday October 18, 2010 11:02 AM By Kristin Taveira

Photo credit: AP
If you bought a home built in 2004 or later, or if you plan to buy one, read the fine print in your closing documents: You could be required to pay a 1 percent fee to the builder when you sell it -- and so might every future seller, for up to the next 99 years. The legality of such fees -- which go by names such as "capital recovery fees," "private transfer fees" and "home resale fees" -- is being duked out in Congress in the form of dueling bills. In one corner, opponents of the fees argue it's a scheme to unfairly strip homeowners of their equity while lini...
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