Orange County NC Website
DocuSign Envelope ID: 5EB4COE7- 1D3E- 467D- 802F- D32410341C49 <br />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 />Closin <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) $55.00 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, <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 <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. <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 bel� of the County. <br />Sincerely, <br />Ferrell <br />FIRM <br />kennon Aver, pllr <br />4011 nniver;iq' drive, sieitr 300, durbam, nr 277(),' kart off,-, bos 515"9, d»rham, n< 2':'1. =15'9 <br />TELEPHONE 919 490 0500, FAX 91949008'3 • rvwmke,unoneror,rr.conr <br />