Lawyer fees, reasonable quotation?
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 Aug 20 2015, 11:23 PM
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Junior Member
392 posts Joined: Dec 2004 From: land with lots of chocolates~~  
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I will be signing my SPA and loan agreement and lawyer already billed me. Since my property title will only be transferred to me after few months so I'm wondering if I should pay him full or only partial to prevent him from not following up my case?
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Aug 24 2015, 11:45 PM
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Senior Member
1,251 posts Joined: Jan 2012
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QUOTE(Sblad3 @ Jul 27 2015, 04:25 PM) Now the bank said the loan agreement must use their panel lawyer, and only give me 1 lawyer. The bank has no right to force you to take up on their own panel legal firm. You insist on using your own lawyer. Just ask your lawyer to prepare authorisation letter for you. The borrower can use their own lawyer.And the banker only giving me 1 choice...would like to ask, is there any rules/terms force us borrower must take their panel? what action i can take ?  |
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Aug 24 2015, 11:46 PM
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Senior Member
1,251 posts Joined: Jan 2012
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QUOTE(lord @ Aug 20 2015, 11:23 PM) I will be signing my SPA and loan agreement and lawyer already billed me. Since my property title will only be transferred to me after few months so I'm wondering if I should pay him full or only partial to prevent him from not following up my case? You can pay him full disbursement and half of the legal fees |
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Aug 25 2015, 09:36 AM
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Newbie
1 posts Joined: Apr 2009 
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QUOTE(airtawarian @ Aug 24 2015, 11:46 PM) You can pay him full disbursement and half of the legal fees QUOTE(lord @ Aug 20 2015, 11:23 PM) I will be signing my SPA and loan agreement and lawyer already billed me. Since my property title will only be transferred to me after few months so I'm wondering if I should pay him full or only partial to prevent him from not following up my case? Don't listen to this guy "airtawarian". Pay AllWhy? It will hinder the process of whole transaction including you and your lawyer. A peace in mind worth more than the hustle or negetive. |
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