LEO: Conflict of Interests - Real Estate  LE Op. 332

 

Conflict of Interests - Real Estate.

 

November 26, 1979

 

An attorney represents a contractor and performs real estate closings for

homes sold by the contractor and escrows monies from the sale for a

homeowner's warranty policy. Where the warranty company refuses to issue

the policies, and conflicting claims arise, the attorney, after proper

notice to all involved, should withdraw from further representation of the

conflicting claimants and advise the parties to obtain new counsel if they

so desire. [See II: DR:2-108(A)(1) and DR:5-105.]

 

Committee Opinion November 26, 1979