Who is typically responsible for paying the preparation of a new deed?

In real estate transactions, the seller is typically responsible for paying the preparation of a new deed. This is due to the fact that the deed is a legal document that serves to transfer ownership of the property from the seller to the buyer. Since the seller is the party conveying the title, it is standard practice for them to bear the costs associated with creating the deed.

This responsibility is often outlined in the purchase agreement or may vary depending on local customs and practices, but generally, it's the seller's obligation to ensure the deed is properly prepared and executed to facilitate the transfer of ownership. Each party's obligations in a real estate transaction are often negotiated and can vary, but the preparation of the deed is a fundamental part of the seller's duties in completing the sale.