The Processing Fee is a non-refundable administrative fee that may cover costs incurred in preparing, processing, and coordinating a property-related transaction. Depending on the requirements of the engagement, the fee may include expenses associated with permits and licenses, title searches, surveys, deed preparation and recording, loan-document preparation, inspections, and other due diligence or transaction-related administrative services.
The Processing Fee may also be used to cover applicable legal, administrative, and third-party service costs necessary to facilitate the transaction. The specific costs covered will depend on the requirements of the client's property-related matter.