Who pay Lender's Attorney Fee?

[Vincent Dang]

Hi,

I'm in the process of closing a deal as a buyer.  Part of the closing cost, the lender includes their legal fee which I believe is absurd because their attorney does not represent us and we never agreed to any of that service.

How often do you see this in a commercial deal?

Thanks

[Peter M.]

The lender has to pay their attorney to draft the paperwork. That cost is passed onto the buyer. Standard