Orange County NC Website
Please be aware that matters of zoning and environmental hazards are not included <br /> in a standard title search. Please notify me immediately if you require additional <br /> information or assistance concerning these two issues. Zoning laws affect setback and use <br /> requirements to name a few. Environmental hazards include, but are not limited to,the existence <br /> of radon gas, lead-based paint, underground storage tanks and asbestos. We recommend the <br /> County procure a new survey should it decide to accept the Property since the survey could <br /> reveal encumbrances and other matters that will not be identified in our title search. <br /> Closing <br /> We have not been asked to provide any closing services related to this transaction. <br /> Legal Fees & Expenses <br /> My fees for performing the legal work outlined herein are as follows: (1) $85.00 dollars <br /> per hour for the services of my firm's real estate paralegal who will collect the necessary <br /> documents from the office of the Register of Deeds and otherwise assist me with this matter; and <br /> (2) $235.00 per hour for all work I perform. The maximum fees due under this agreement will <br /> not exceed $3,500.00. <br /> Please note that costs of survey, environmental reports, insurance premiums, tax stamps, 1 <br /> recording fees,and other costs are NOT included in the legal fee quoted above. Any and all such <br /> costs incurred during this engagement will be billed to the County. In the event the County <br /> requires representation prior to closing or additional legal work not referenced in this letter i <br /> becomes necessary (such as work associated with clearing any title defects), then I will perform <br /> such work at the County's specific request under an amendment to this agreement at our normal <br /> hourly rates <br /> I will begin work on this transaction as soon as I received an executed copy of this letter <br /> agreement from the County. Please understand that I must charge for all work performed even if <br /> this transaction fails for any reason. k <br /> Please do not hesitate to contact me with any questions or concerns regarding this letter. <br /> I look forward to working with you both on this transaction on beh of the County. <br /> Sincerely, ` <br /> 7 ' <br /> Ferrell <br /> FO HE FIRM <br /> kennon Aver,pllc <br /> 4011 urrivertity drive.tuite 300,drn'bmn,nr 2770' port office bo.v 51.5 79,dirrhanr,ne 2-:1.=4579 <br /> TELEPHONE 9194900500,FAX 919 490 0873 towu..krunonerarrr.eont <br />