Party Wall Agreements

[Troy Stoehr]

Does anyone have any experience with Party Wall Agreements? I own 1/2 of a duplex that was sold in an auction and the other half was sold to another person (unfortunately...). Anyway - I just refinanced the property and ALMOST lost the loan because a lot of banks would not take the loan because there is no party wall agreement recorded with the state/county. I just was told by my lawyer that he'd do it for $1,000 which seems rediculous considering how straight forward and simple this agreement would be. Is this something I should get done right through a lawyer or should I just grab a doc off of legalzoom.com and do this myself? Thoughts?