The query concerns financial responsibility for legal representation during a residential property transaction. Specifically, it addresses the allocation of attorney fees between the buyer and seller. In most real estate transactions, both partiesthe individual or entity purchasing the property and the individual or entity selling itretain legal counsel. The question focuses on which party bears the cost of their respective representation.
Understanding the allocation of these legal expenses is crucial for budgeting purposes during the home-buying or selling process. Historically, the responsibility for legal fees has varied by jurisdiction and evolving legal customs. Awareness of these customary practices prevents unexpected financial burdens and facilitates smoother negotiations between parties.