Finance
New Jersey has a realty transfer fee (RTF) paid at closing. Who is primarily responsible for paying this fee?
AThe buyer
BThe seller✓ Correct
CSplit equally between buyer and seller
DThe real estate brokers
Explanation
In New Jersey, the realty transfer fee (RTF) is primarily the seller's responsibility. The fee is based on the sales price and is one of the seller's closing costs.
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