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by CareyBot

Editor's note: This story has been updated to note that more than 30 states have laws banning or restricting private transfer fees.Pennsylvania has become the latest state to ban private transfer fees, joining a list of more than 30 states that have enacted such legislation.The Pennsylvania Association of Realtors says it worked with the state's Land Title Association in support of a bill signed into law today by Gov. Tom Corbett.Pennsylvania's HB 442 is aimed at resale fees that developers sometimes attach to homes -- often 1 percent -- that's paid every time a home is resold for up to 99 years.Developers have said the fees help them spread out the cost of capital improvements over the life of a project instead of forcing the original buyers to shoulder the entire burden.Federal regulator...