WebHere at HomeLegal, property conveyancing is our specialty. We provide specialist residential conveyancing services to both buyers and sellers, but never at the same time. However, our property lawyers are often asked to represent both parties in a transaction. WebSearch for a lawyer by name or use one of the filters. ... A hefty reverse break fee can keep the buyer on its toes and ensure that it honours the FI conditions. At the same time, it guarantees the seller compensation for the time and expense it has incurred during the course of the transaction. Whereas a lot will depend on the circumstances of ...
Should a Solicitor Act for Both Buyer & Seller in a Property …
WebJan 29, 2007 · The situation under consideration in this opinion is quite different: Here a buyer and a seller of residential real estate each determined at the outset of the negotiations to be represented by separate lawyers in separate firms, and the two clients separately approached lawyers in different firms to negotiate the terms of the transaction … WebOct 25, 2024 · It might be possible to use the same solicitor. As the sale is taking place between family on agreed terms, then providing both parties consent to the conflict of interest, I don't see a problem. You can ask a solicitor to find out. cigarette tobacco blending recipes
Can Buyer And Seller Use Same Lawyer In Alberta?
WebDec 18, 2015 · At one time it was common for the same solicitor to act jointly for both buyer and seller in conveyancing transactions. Buyers who did not have their own conveyancing solicitor were frequently recommended by agents to use the seller's solicitor (because the agents might then receive a referral fee from the solicitors.) ... WebMar 30, 2010 · If both use the same firm, it will be different individual solicitors that represent each client, so you never really use the same solicitor. To be honest, even using the same firms doesn't feel right, as you want … WebJan 28, 2016 · Yes, of course! However, it is more complicated where two parties ask the same solicitor to act on their behalf, when one of those parties is the buyer and the other party is the seller of the same property. What is a Conflict of Interest Situation? It’s where a solicitor is acting for two parties who have conflicting interests. dhec covid tracker