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Closing Fees

Closing Fees

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Real Estate Closings

If you are considering buying or selling a property on Daniel Island, please review the below information for Real Estate closings.

For questions regarding closings on Daniel Island or the associated fees, please contact Sara Cuthbert, Assistant Finance Manager, at Sara.Cuthbert@dicommunity.org or give her a call at (843) 971-4404.

2022 Real Estate Closing Fees

DICA -Daniel Island Community Association

DIPA – Daniel Island Park Association

DITA – Daniel Island Town Association please contact Kay Fabrizio at Kay.Fabrizio@dicommunity.org 

 

Annual Assessments

DICA – $947 (prorated)

DIPA – $1,074 (prorated)

Additional Fees

Nobel’s Point Dock Exclusive Amenity Fee – $250

Captain’s Island Exclusive Amenity Fee – $750

Lot Maintenance/Street Sweeping Fee

DICA and DIPA – $400 DIA to Buyer (Due at Closing-prorated)

DICA and DIPA – $400 Seller to Buyer (Due at Closing- prorated)

Community Enhancement Fees (Not prorated)

DICA (parcel N & O) = ¼% of Sales Price (not to exceed $7,417)

DICA (all others) = ½% of Sales Price (not to exceed $7,417)

DIPA = ½% of Sales Price (not to exceed $7,417)

Estoppel Fee

DICA and DIPA -$250 Resale Closings Only (Not prorated) Due at Closing- Made payable to Daniel Island Town Association

Capitalization Fee

DICA – $158 (not prorated) 1/6th of annual assessment

DIPA – $358 (not prorated) 1/3rd of annual assessment

    Mailbox Fee

    DICA – $450 (not prorated)
    DIPA – $450 (not prorated)

    DICA/DIPA ARB Fees

    DICA – $1,500 (Due when plans are submitted to ARB)

    DIPA – $2,500 (Due when plans are submitted to ARB)

    **Additional ARB Review fee of $2,500 for reviews requested after 3rd revised conceptual review**

    Captain’s Island ARB Fees

    Captain’s Island Initial Site Visit $300 (Due to the submission of Initial Captain’s Island Site Meeting Application)

    Captain’s Island ARB Fee- $3,000 (Due when plans are submitted to ARB)

    Additional ARB Review fee of $2,300 for reviews requested after 3rd revised conceptual review

    Captain’s Island Dock Review Fee – $1,000 (Due when plans are submitted to ARB)

    Builder Construction Deposits
    Due at Closing

    DICA and DIPA – $7,500

    Homeowner Construction Deposit
    Due prior to pick up of Stamped Plans

    DICA and DIPA – $7,500

      Captain’s Island Dock Construction Deposit

      $5,000