Posted by
ems2000
16 yrs ago
Does anyone know what the standard cost are for lawyers 'disbursement' fees when buying a property?
We were told it would be around a $1k on top of their standard service charge for 'disbursements' covering fees etc. However it has turned out quite a bit more than that for:
Land registry search fees
Travelling expenses, photocopying, postage
Fees for bankrupcy/winding-up searches
Registration fees on Agreement for Sale & Purchase
Registration fee on Assignment
Registration fee on Mortgage/Legal Charge
Stamp duty on Assignment
Copying charges for Land Registry title deeds
I am not sure how it works in HK but our friends did not pay near as much as we have been charged - does anyone know the standard?!
Thank you very much for your help!
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Ed
16 yrs ago
Moved to property - you might also post this on the legal forum
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Thanks Patrick. Very helpful!
In terms of the search and registration fees though shouldn't these be standard? Does anyone know how much the following should be:
1. Registration fee on Mortgage/Legal Charge
2. Fees for bankruptcy/winding-up searches
or where we can find out?
Thanks!
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sxc
16 yrs ago
HSBC has a cost calculator on their website. For my purchase, these were the disbursements:
$210 - Agreement registration
$450 - Assignment
$450 - Mortgage deed
$500-$600 - Land search
$85 per bankruptcy search
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