how much is attorney fee for multi million dollar condominum

by Theresia Deckow 9 min read

How much do real estate agents charge to sell a condo?

Apr 20, 2015 · How much attorney fee shall I pay for a multi-million dollar transaction as the buyer? Lawyer directory. Find a lawyer near you. Avvo has 97% of all lawyers in the US. Find the best ones near you. First, choose your state: ... I am going to buy a three million dollars real property in north Jersey and want to know the attorney fee range. More ...

How much do attorneys get paid in class-action lawsuits?

Attorneys Involved In Multi-Million Dollar UnitedHealth Case Want $3.35 Million Fee Award. Home / Health Facilities Law Blog / Attorneys Involved In Multi-Million Dollar UnitedHealth Case Want $3.35 Million Fee Award. Previous. By George F. Indest III, J.D., M.P.A., LL.M., Board Certified by The Florida Bar in Health Law ...

What are the legal fees for selling a house in London?

Jul 27, 2017 · A recent study found that attorneys get paid the lion’s share of class-action money, from as little as 85 percent of the amount to as much as more than 99 percent. Yes, that’s right – for all the class-action cases that we hear about multi-million awards to those who were wronged, those who were wronged are actually paid very little if ...

How much is a hurricane deductible?

For areas or policies that require a separate hurricane deductible, the amount you choose for your hurricane deductible affects the cost of your policy. As an example, beachfront homes can save 13% by choosing a $25,000 deductible instead of the standard $10,000 deductible for covered damage caused by hurricanes.

What are some examples of surcharges?

Some examples of surcharges can include a seasonal surcharge for vacation or secondary homes, a surcharge for condos rented to others, or a vacancy surcharge for co-ops left unoccupied.

What factors affect insurance rates?

Other factors such as claim history, deductible choice (and even crime rates in the area) can also affect rates. Of course, catastrophic weather risks (mainly hurricane) or geographical risks (wildfire and earthquake) play a role as well.

Do condos in Miami get wind mitigation?

A luxury condo in Miami faces a higher risk for wind damage, so condo owners in Miami can get a wind mitigation inspection to verify the home’s wind-resistant features and earn a lower insurance rate. With one insurer, the savings for a wind mitigation credit can be up to 31% in coastal areas. By contrast, wildfires can be a bigger concern for condos in California, adding to the cost of insurance for homes near wildfire zones. However, living in a fire-resistant building may earn a discount in some areas. Specific risks based on geography can affect policy costs, but there may be ways to offset some of those costs.

Does credit score affect condo insurance?

Your insurance history and its effect on condo insurance rates. As mentioned earlier, in most areas of the country, credit scores can play a role as well, but claims history can have an effect on rates universally. For example, a prior loss for a non-water claim can add 5% to your coverage costs.

Does wind mitigation credit work in California?

With one insurer, the savings for a wind mitigation credit can be up to 31% in coastal areas. By contrast, wildfires can be a bigger concern for condos in California, adding to the cost of insurance for homes near wildfire zones. However, living in a fire-resistant building may earn a discount in some areas.

Can you insure a condo from the walls?

In contrast, when you own a condo or co-op, you’re usually only insuring from the walls inward, although in some cases the condo association’s master policy may provide some basic protection for your interior. To properly insure your condo or co-op and navigate the details, we’ll have to dig a bit deeper. When insuring a high-end condominium, ...

What is class action lawsuit?

Class-action lawsuits are created to protect consumers who were in some way defrauded out of money from some company that was providing products or services (or were believed to be).

Why are class actions profitable?

Class-actions can be a lucrative way to make profit in a law practice, thought it would be best to ensure an ethical way of getting paid so the members of the class get the compensation due them – after all, without those class members, you wouldn’t have an award originally.

Why don't class members get to distribute 75 percent of the award?

However, the reason that class members don’t get to distribute 75 percent of the award is because that 25-percent fee applies to each attorney that represents the class. And not many class-action suits feature a single attorney.

Do class action awards end up in the pockets of the attorneys?

Yes, that’s right – for all the class-action cases that we hear about multi-million awards to those who were wronged, those who were wronged are actually paid very little if anything at all. The millions mentioned in the media end up in the pockets of the attorneys – on both sides of the case.