Kissimmee, FL asked in Real Estate Law for Florida

Q: Is there a Florida law that requires a realtor to charge a buyer for maintaining his/her closing documents?

It is my understanding the buyer is the one who maintains his/her closing documents after closing. Beside the commission they are receiving, they want to charge $495 to the buyer, as they have indicated it is required by Florida Law.

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2 Lawyer Answers
Richard Paul Zaretsky
Richard Paul Zaretsky
Answered
  • West Palm Beach, FL
  • Licensed in Florida

A: You are correct.

The charge you are getting is likely related to the agreement you signed with the realtor when you hired him/her. If there was no agreement with the fee noted (usually a "transaction fee"), there should be no charge.

Jennifer Isaksen agrees with this answer

1 user found this answer helpful

Andy Wayne Williamson
Andy Wayne Williamson
Answered
  • MIramar Beach, FL
  • Licensed in Florida

A: There is not a law requiring the realtor to charge a fee. It might be based upon the contract that you signed. Ask the realtor to tell you the statute number. Then if he or she provides the same you can google it.

Jennifer Isaksen agrees with this answer

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