LEO: Real Estate Closing - Disclosur  LE Op. 747

 

Real Estate Closing - Disclosure

of Representation to Buyer.

 

December 4, 1985

 

It is improper for an attorney who represents a seller in a residential

real estate closing not to inform the buyer that he represents the seller

only. This conclusion is not affected by the fact that the seller agreed

to absorb the buyer's closing costs. [See also LE Op. 238, DR:7-103(A)(

2) and (B)]

 

It is improper for an attorney who represents a purchaser in a

residential real estate transaction to fail to advise his client of the

nature, benefits and availability of title insurance. [ DR:6-101(A)(1)]

 

Committee Opinion December 4, 1985