engagement letter
Please read and complete the document
to the buyer
from RobeRt FoRqueR
in response to the purchase of the property located at
You have been referred to (or have chosen) us to act as the Settlement Agent for the purchase of the property shown above. We are sending you this letter to explain what we do, what are fees are, and to clarify our role within the overall transaction. After reading it, please feel free
to reach out with any questions here.
[If a loan is involved:] The Settlement Agent was selected by the Lender, Broker and/or me/us only for the purpose of preparing the loan documents, certifying title and handling the closing (consisting of having documents signed, liens recorded and loan proceeds disbursed). The Settlement Agent is not my/our attorney or representative for any purpose in connection with negotiating and/or obtaining this loan and its terms and Settlement Agent makes no representations as to whether this loan will benefit me/us or if the fees paid in connection
with this loan are within industry standards. I/We was advised that I/we could consult with an attorney of my/our choice to obtain advice regarding the loan and have done
so to the extent I/we deem necessary.
I/We hereby acknowledge and agree that the Settlement Agents scope of representation (as to borrowers) is limited to the proper execution of my/our documents including the disclosure of my/our loan terms, completing a title search and/or a review of the title on behalf of the lender as well as disbursing said loan according to the Settlement Statement or Closing Disclosure and recording any required documents. The above referenced functions shall be completed for the fee(s) listed on the Settlement Statement or Closing Disclosure. Any further work and/or representation contemplated by me/us will require a written agreement setting out
the additional work to be done and the payment of additional fees.
I/We hereby acknowledge and agree that certain charges on my Settlement Statement and/or Closing Disclosure, including but not limited to overnight/courier fees & recording fees may not reflect the actual cost and in fact may be more than the actual cost to settlement agent.
The additional amount(s) may vary and are to help cover the
administrative aspect of handling that particular item or service.
I/We hereby consent to and accept the above referenced up-charges, if any.
I/We understand that the fees for the Settlement Agent’s services
(payable to the Law Office of Robert Forquer) will be:
Settlement Fee:
$865.00
Simultaneous Second:
$350.00
Title Search:
$225.00
POA and/or DEED:
(if necessary)
$295.00
Courier Fee:
$95.00
Recording Fees:
$26
Deed (up to 15 pages)
$64
Each Deed of Trust (up to 35 pages each)
Each Deed of Trust (up to 35 pages each)
E-Recording Fees:
$5.00
per recorded document
Mail Away:
$150.00
In addition, unless otherwise agreed, I/We understand that I/We will be responsible for the title insurance premium for any lender’s or owner’s title insurance policy, lender fees, prepaid expenses (e.g. homeowner’s insurance), escrow deposits, inspections and/or any other expenses associated with this transaction, which additional expenses are not included as part of the Settlement Agent’s fees. I/We further acknowledge that there may additional fees charged by the Settlement Agent for additional services (e.g. preparation of a Power of Attorney, preparation of Seller financing documents, etc.) not set out above.
NOTE: We will travel for closings at no additional charge (within a 50 mile radius
of Charlotte). However, in the event that a third-party Notary is required to facilitate an out of office closing, we reserve the right to put their fee (typically $125-$150)
on the CD/HUD.
Pursuant to the N.C. Gen. Stat. §45, ALTA Best Practices, State Bar Rules and in order to protect your funds, all funds in excess of $500 must be received by wire to Forquer Law Office. For this transaction, the ONLY bank account we will be using is our IOLTA Trust Account, described and partially redacted below:
Law Office of Robert Forquer
Park National Bank
50 North Third Street P.O. Box 3500
Newark, OH 43058
Further Credit:
The Law Office of Robert Forquer, PLLC
110 Matthew's Station St. Suite 1-E
Matthews, NC 28105
Partial ABA # *******05
Partial Account # **********419
The Law Office of Robert Forquer will not alter the above instructions. If you receive notice that these instructions have been modified, contact the office immediately.
ACH Transfers will not be accepted. These transfers are not considered "Good Funds" under the Law and Pursuant to Regulations which govern Attorney Trust Accounts.
Before sending any wire, call our office at (704) 360-5175 to verify the instructions. We will not charge wiring instructions. If you receive wiring instructions from a different bank, branch location, account name, or account number, they should be presumed fraudulent. Do not send any funds and contact our office immediately.
Failure to follow this procedure endangers your funds.
Should you have any questions, please feel free to reach out to us here.
Sincerely,
Robert Forquer
ueta and esign consent information
the following constitutes a ueta Consent Disclosure. Please read carefully before continuing.
the law Offices of RobeRt FoRqueR may be required by law to provide you with written notices or disclosures. Below are terms and conditions to under which you consent to receiving such notices. at the end of this, you will be asked your agreement by clicking the "I agree" button. Clicking that you agree acknowledges that you had electronic access to this form and that you are aware of your electronic consent.
at any time, you may request a printable paper form located here to be provided to you. you will have the ability to download and print the documents from a personal printer, or you may elect to have the forms provided in another manner by clicking here.
If you agree to receive notices and disclosures from the law Offices of RobeRt FoRqueR, you ask to be removed from our mailing lists, but must do so by requesting
through this email address.
Should you ask to be removed from our electronic notices and disclosures, it may negatively impact the timeliness of the requests being processed here and will require verification through the aforementioned email that our notices and disclosures are no longer needed.
therefore, unless you comply to the aforementioned procedures as listed, you electronically consent to use electronic records for these transactions.
Buyer e-signatures
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