The numerous expenses which buyers and sellers normally incur to complete a transaction in the transfer of ownership of real estate. These costs are in addition to price of the property and are items prepaid at the closing day. This is a typical list:

BUYER’S EXPENSES
Documentary Stamps on Notes
Recording Deed and Mortgage
Escrow Fees
Attorney’s Fee
Title Insurance
Appraisal and Inspection
Survey Charge

SELLER’S EXPENSES
Cost of Abstract
Documentary Stamps on Deed
Real Estate Commission
Recording Mortgage
Survey Charge
Escrow Fees
Attorney’s Fee

The agreement of sale negotiated previously between the buyer and the seller may state in writing who will pay each of the above costs.