Legal Question in Real Estate Law in Florida
Closing Costs
In Florida, is there a law that specifies what costs must be paid by a buyer and seller of real estate?
Asked on 6/16/00, 12:26 pm
2 Answers from Attorneys
William W. Fernandez, Sr., J.D.
Law Ofc. Wm. W. Fernandez, Sr., J.D., Atty. at Law
Closing Costs in FL.
Q. In Florida, is there a law that specifies what costs must be paid by a buyer and seller of real estate?
A. Everything is negotiable. There is a FAR/Bar[FL. Assoc. of Realtors and Fla. Bar Assoc.] standard contract for sale that sets forth the general custom of who pays what; but even that is negotiable. Same for local Realtors std. form.
Answered on 8/16/00, 6:20 pm