Fill and Sign the Sample Real Estate Closing Retainer Letter Letter Via Email Form

- 1 - Retainer Agreement with Initial Payment and Hourly Fees - Real Estate Transaction Agreement made on ____________________ (date), between _________________________ ________________________________________________________ (Name and Address of Client), referred to herein as Client, and _________________________________________________________ __________________________ (Name and Address of Attorney) , referred to herein as Attorney. 1. Client seeks to retain the services of Attorney with regard to real estate investments in the United States. Upon receipt of the sum of $____________ (U.S.) cash as a retainer, Attorney agrees to accept employment to represent Client pursuant to the following terms. 2. The retainer is an advance payment for legal fees and expenses. Attorney has the right to request further amounts from Client as retainer balances are depleted. Should Attorney’s total billings be less than the amount of the retainer, Client will be refunded the balance of the retainer fee at the conclusion of representation in this matter. Client acknowledges that Attorney has not stated to Client the total amount of Client's obligation for fees and expenses. 3. Client shall pay Attorney's customary hourly charges of $__________ per hour as fees for services performed for Client. Attorney ’s minimum fee for any service performed on behalf of the Client is one-tenth (1/10) of an hour. Services for which there is a charge may include preparation of correspondence, pleadings, agreements and other documents and also telephone conferences, trial preparation, travel, research and appearance at trial. 4. Client shall reimburse Attorney for all costs advanced on Client's behalf. Such costs may include, but are not limited to, filing fees, court costs, telephone charges, postage, delivery charges, courier service, travel, photocopying, accountants' fees, appraisal fees, expert witness fees, process servers, court reporters, etc. Except for specialized word processing services, Attorney will not assess a separate charge for word processing unless there is an unusual situation arising out of the Client's needs requiring overtime staff work. 5. Attorney will normally send monthly statements to Client. Payment is due and payable upon receipt of the statement. Should a statement remain unpaid after 30 days from the date of the statement, Attorney reserves the right to withdraw as counsel in Client's matter. A late charge on all unpaid statements at the rate of six percent (6%) per annum shall be charged from the 31st day following the statement date. 6. Attorney shall keep Client informed as to the progress of all proceedings, including providing Client copies of all correspondence and pleadings. The Client shall provide all information requested by Attorney and cooperate fully. 7. All documents provided Attorney by Client during the course of Attorney’s representation, together with Client's file, will be maintained by Attorney for at least two years after the conclusion of this matter. After two years, if no request by Client is made for the return of such documents, Attorney may discard Client's file and documents without further notice to Client. 8. Attorney cannot and does not warrant or predict developments or final results in any matter, including this matter, with Client. Attorney assures Client that he will do its utmost to achieve economic and personal results that are just and reasonable. WITNESS our signatures as of the day and date first above stated. _________________________________ _______________________________ - 2 - _________________________________ _______________________________ (Printed Name & Signature of Attorney) (Printed Name & Signature of Client)