Congratulations and thank you for allowing our firm to represent you in the sale of the property. We look forward to assisting you throughout the closing process.
Who We Represent:
Under South Carolina State law, we may represent multiple parties in a real estate transaction, as long as we believe we can provide competent and diligent representation to all parties and upon your written consent. It is standard practice in South Carolina, for a closing attorney to represent all parties. By signing below, you acknowledge that Renger & Reynolds, PLLC may act as the attorney for you as the Seller, as well as the Buyer and Lender. You understand that you have a right to obtain separate legal counsel for this transaction. You acknowledge, that should a conflict arise, Renger & Reynolds, PLLC shall withdrawal from representation.
What Services We Provide:
The purpose of this Client Engagement Letter is to set-out what you may expect throughout our representation. Our representation and the fees charged for our services are limited to preparing your Seller documentation pursuant to the Contract, including but not limited to the Deed, owner's affidavit, FIRPTA affidavit, Non-Resident Seller Withholding affidavit, IRS form 1099, and order pay-off statements for any mortgages against the property.
If you wish for our firm to provide additional services or represent you outside the scope of this Client Engagement Letter, we may charge separate fees for such services. Drafting company resolutions, powers of attorney, coordinating multiple signatories, and handling transactions in which rents are prorated or resolving title issues are examples of services for which our firm will charge an additional fee. Please note, we are not tax attorneys, therefore we do not give advice regarding Federal or State income tax.
Requirements at Closing:
At the time of signing your closing documents, you will be required to present an unexpired government issued photo identification. If you are unable to attend closing, please let us know in advance so we are able to make alternate arrangements, such as a mail-away closing or Power of Attorney. Failure to disclose your unavailability for closing, may result in the delay of closing at a cost to you.
End of Representation
Please note that unless otherwise engaged or communicated, Renger & Reynolds, PLLC considers the representation relationship ending upon the first disbursement of settlement funds.
Thank you again for selecting Renger & Reynolds, PLLC. If you have any questions regarding the closing process, please do not hesitate to contact our firm at the above number.
Elizabeth H. Reynolds, Attorney at Law
Renger & Reynolds, PLLC