LEO: Real Estate — Buyer's Attorney Charging, LE Op. 927
Real Estate — Buyer's Attorney Charging Seller a Fee.
July 11, 1987
It is not improper for buyer's attorney to charge seller for the release of deeds of trust on the property to be sold, provided seller is forewarned of the charge and the amount in enough time to avoid the charge. It is not improper for buyer's attorney to charge seller for compliance with IRS requirements involving Form 1099. Both charges are for a ministerial duty and buyer's attorney has a duty to forewarn seller of the charge in enough time so that seller may avoid the charge. [LE Op. 911, LE Op. 878]
Committee Opinion July 11, 1987
LEO: Real Estate - Buyer's Attorney Charging, LE Op. 927 (1987)