About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

B-197504 1 (1980-05-05)

handle is hein.gao/gaobadify0001 and id is 1 raw text is: 1 FILE: B-197504 DATE: May 5, 1980 MATTER OF: Louis Fisher DIGEST: In addition to fee reimbursed for his own attorney's legal services trans- ferred employee was charged an attor- ney's fee by the lending institution which financed the purchase of new residence. Attorney's fees paid to a lending institution for legal services performed by an attorney retained by the lending institution who is not an employee of the lending institution may be reimbursed provided the fees are not for services considered to be finance charges, are customarily paid by the buyer in the locality and are otherwise reasonable. The issue presented in this case is whether an employee may be reimbursed for attorney's fees charged by a lending institution on the purchase of a residence upon transfer of official station where he has been reimbursed for his own attorney's fee for legal services in connection with the same real estate transaction. The answer is yes, provided that the legal fees are not for services considered to be finance charges under section 106 of the Truth in Lending Act, are not for legal services performed by an employee of the lending institution, are customarily paid by the buyer in the locality and are otherwise reasonable. Mr. Louis Fisher an employee of the Drug EnforcementI@/poo Administration (DEA), purchased a residence in PembroKe Pines, Florida, upon his transfer from Washington, D.C., to Miami, Florida. His claim for reimbursement of purchase expenses -included $648 for attorney's fees charged by the lending institution and $780 for his own attorney's fee for legal services in connection with the real estate transaction. The DEA disallowed the attorney's fees paid to the lending institution based upon the advice from the United States Department of Housing and Urban Development (HUD) that it is not customary for the borrower to pay the attorney's fees for the lending institution. THE COMPTROLLER GENERAL DECISION (OF THE UNITED STATES WASHINGTON. O.C. 20548 Y I ITV

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most