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.
2024 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 – $976 (prorated)
DIPA – $1,074 (prorated)
Additional Fees
Nobel’s Point Dock Exclusive Amenity Fee – $250
Captain’s Island Exclusive Amenity Fee – $900
Lot Maintenance/Street Sweeping Fee
DICA and DIPA – $500 DIA to Buyer (Due at Closing-prorated)
DICA and DIPA – $500 Seller to Buyer (Due at Closing- prorated)
Community Enhancement Fees (Not prorated)
DICA (parcel N & O) = ¼% of Sales Price (not to exceed $7,640)
DICA (all others) = ½% of Sales Price (not to exceed $7,640)
DIPA = ½% of Sales Price (not to exceed $7,640)
DITA – please contact us at info@dicommunity.org
Estoppel Fee
DICA and DIPA – $350 Resale Closings Only (Not prorated) Due at Closing- Made payable to Daniel Island Town Association
DITA – $500 Due at Closing- Made payable to Daniel Island Town Association
Capitalization Fee
DICA – $162.66 (not prorated) 1/6th of annual assessment
DIPA – $358 (not prorated) 1/3rd of annual assessment
DITA – Please contact us at info@dicommunity.org
Mailbox Fee
DICA – $475 (not prorated)
DIPA – $475 (not prorated)
DICA/DIPA ARB Fees
DICA – $1,500 (Due when plans are submitted to ARB)
**Additional ARB Review fee of $1,500 for reviews requested after 3rd revised conceptual review**
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 $3,000 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
DICA and DIPA – $7,500
**Due prior to pick up of Stamped Plans**
Homeowner Construction Deposit
DICA and DIPA – $7,500
**Due prior to pick up of Stamped Plans**
Captain’s Island Dock Construction Deposit
$5,000
**Due prior to pick up of Stamped Plans**
The Retreat Closing Fees
Annual Assessment:
$1,074 (Prorated)
Annual Water Quality Inspection Fee:
$75 (Not prorated)
Annual Exclusive Amenity Fee:
$750 (Not prorated)
Estoppel Fee:
$350 (Not prorated. Resale closings only.)
Capitalization Fee:
$358 (Not prorated. 1/3rd of annual assessment.)
Community Enhancement Fee:
1/2% of Sales Price. Not to exceed $7,640.00. Only applicable to resales.
Lot Maintenance/Street Sweeping Fee:
$500 (Prorated. Due at Closing.)
The Retreat New Construction ARB Fees and Deposits
Initial Site Visit Fee: $300
Due at the time of submission of the Initial Site Meeting Application for The Retreat.
New Construction Review Fee: $5,000
Due at the time of submission, prior to the ARB meeting. An additional review fee of $5,000 is required for reviews requested after the 3rd revised conceptual design review.
Landscape and Grading Review Fee: $2,000
Due at the time of submission.
Dock Review Fee: $1,500
Due at the time of submission.
Homeowner Construction Deposit: $7,500
Required to be paid by the owner. Due prior to stamping plans for permitting.
Builder Construction Deposit: $7,500
Required to be paid by the builder. Due prior to stamping plans for permitting.
Landscape and Grading Construction Deposit: $7,500
Required to be paid by the owner. Due prior to stamping plans for permitting.
Dock Construction Deposit: $5,000
Required to be paid by the owner. Due prior to receiving final approval for the dock.