WHEN IS PAYMENT FOR REALESTATE LAWYER DO WHEN BUYING A HOUSE?

May 17th, 2010 | by admin |


Lawyers are paid a retaining fee upon hiring, whatever they set. If the amount of time needed exceeds what their retainer covered they are paid when they are finished, which should be closing.

  1. 5 Responses to “WHEN IS PAYMENT FOR REALESTATE LAWYER DO WHEN BUYING A HOUSE?”

  2. By Chicago on May 17, 2010 | Reply

    Generally both sides have their own lawyer. An attourney is supposed to represent your intersts so why would you want an attourney working both sides, he cant fully represent both of you, he’ll be looking out for one party mroe than the other
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  3. By Christopher B on May 18, 2010 | Reply

    Normally at closing.

    P.s. Please report spammers like "sda" and "Courtney". They create accounts just to spam the same answer all day – or until we kick them out.
    References :
    RE Investor

  4. By jmich18 on May 18, 2010 | Reply

    Generally, payment to your Real Estate lawyer is due upon closing (when buying or selling real property), when using the attorney for other transactions it is usually due when the job is done unless other arrangements have been made with the attorney.
    References :
    Experience

  5. By Tigg on May 18, 2010 | Reply

    Up front as soon as you retain him to represent you
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  6. By Landlord on May 18, 2010 | Reply

    Lawyers are paid a retaining fee upon hiring, whatever they set. If the amount of time needed exceeds what their retainer covered they are paid when they are finished, which should be closing.
    References :

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