Legal Question in Real Estate Law in Florida

closing costs

What are some of the seller's costs?


Asked on 5/20/07, 7:01 pm

2 Answers from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: closing costs

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further. Similar questions like this have been asked repeatedly.

It all depends on what the parties negotiate - and what the Contract for Sale and Purchase provides. General practices vary by county.

In Miami-Dade and Broward Counties, the Seller generally pays for the title update, recording of any corrective instruments, and the cost of documentary stamps on the deed. In Palm Beach County, the Seller often pays for and provides the owner's title insurance policy.

I would suggest that you consult a real estate attorney in your community.

Scott R. Jay, Esq.

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Answered on 5/20/07, 7:21 pm
Gordon Nicol Law Office of Gordon T. Nicol

Re: closing costs

All the costs are negotiable. Ask your attorney to provide a contract ( our firm does this for no charge).

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Answered on 5/23/07, 1:38 pm


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