Massachusetts Agreement that Contract Contingent on Attorney Approval
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How to fill out Agreement That Contract Contingent On Attorney Approval?
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FAQ
Attorney approval clauses are most widely used in the purchase of a property and real estate. The attorney will review the local development plans, economic conditions and the state of the property as described in a surveyors report.
A contingency clause is a contract provision requiring a specific event or action to occur in order for the contract to be considered valid. If the party required to satisfy the contingency clause is unable to do so, the other party is released from its obligations.
The ?Lodestar? Method. ?The basic measure of reasonable attorney's fees is a 'fair market rate for the time reasonably spent preparing and litigating a case. ' ? Stowe II, 417 Mass. at 203, quoting Fontaine v.
In the legal realm, the "lodestar method" refers to a method of computing attorney's fees whereby a trial court must multiply the number of hours reasonably spent by trial counsel by a reasonable hourly rate.
Hourly rates in Massachusetts Lawyers in Massachusetts typically charge between $86 and $489 per hour, with the average being $285. For comparison, District of Columbia has the highest average hourly rate at $392 while West Virginia has the lowest average hourly rate at $162.
After you have an accepted offer A purchase & sale agreement (P&S) is a legal document prepared and agreed to by attorneys representing both the buyer and seller in the home purchase transaction. The P&S is signed by both the buyer and seller, and will include final sale price and all terms of the purchase.
What Are the Legal Requirements of a Financial POA in Massachusetts? Mental Capacity for Creating a POA. ... Notarization Requirement. ... Create the POA Using a Form, Software or an Attorney. ... Sign the POA in the Presence of a Notary Public. ... Store the Original POA in a Safe Place. ... Give a Copy to Your Agent or Attorney-in-Fact.
The average legal fees for a power of attorney in Massachusetts range from $250 to $500. The difference in cost can depend on the specifics of the document you want created, as well as the legal professional you work with.
