Legal costs definition

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Legal costs

Legal costs logo #10444These are the fees payable to the vendor`s and purchaser`s solicitors in connection with the selling or purchase of property. Costs will include the solicitor`s fees, Land Registry fee, search fee and stamp duty. The purchaser also pays the engrossment fees, telegraphic transfer costs and mortgage`s solicitor`s fee.
Found on http://www.encyclo.co.uk/visitor-contributions.php
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