LEGAL COSTS & DISBURSEMENTS | Lawyers and notaries
charge fees for their services involved in drafting the title deed,
preparing the mortgage, and conducting the various searches.
Disbursements are out-of-pocket expenses incurred during the
process such as registrations, searches, and supplies |
CLOSING ADJUSTMENTS | An estimate should be made for
additional closing adjustments to handle any bills the seller has
prepaid such as property taxes, utility bills, and other charges.
Any bills after the closing date are the responsibility of the
purchaser. A lawyer will let you know what they are once the
various searches have been completed |
* Always consult with your lawyer about the exact costs involved for your specific situation *