Reasonable payment – this legal term finds application within the area of Property Conveyance. It details a payment towards property lawyer for performance of conveyance services in reasonable time. The payment should be at the similar rate if these services have been performed by another legal practitioner. So the client pays an amount against which the conveyance is not expensive than the one provided by competitors.
Against receipt of a reasonable payment, the lawyer usually performs due diligence of the real estate, negotiates the purchase, prepares the needed documentation and organizes the completion and signing of the Title Deed.