Attorney Fee

Posted By: Dodge

Attorney Fee - 06/23/10 02:13 PM

A customer had an attorney prepare a deed. Since the attorney is not part of closing can we disclose deed preparation on block 6 (required services that you can shop for)? Then on the HUD disclose in series 1300? Or does it need to be disclose under title services? Thanks!!!
Posted By: RR Joker

Re: Attorney Fee - 06/23/10 02:20 PM

did you require an attorney, or did the customer 'want' an attorney to prepare it?
Posted By: Dodge

Re: Attorney Fee - 06/23/10 03:01 PM

The customer wanted the attorney to prepare it.
Posted By: RR Joker

Re: Attorney Fee - 06/23/10 03:45 PM

Okay, so if you didn't require it, it can simply go down into the 1300 section like you would do if a customer wanted a termite report that your FI didn't require. No tolerance, no worries.