This week, a reader asks the Property Poser panel for help with an issue pertaining to the process of transferring a property. The reader writes that she successfully sold her property and the transfer process was handled by Attorney A. She then made a successful offer to purchase on another property and Attorney B was appointed to deal with that transfer. Although not required by the agreement, the reader has already made two deposits to Attorney B, representing the difference between the … [Read more...] about Conveyancer hampers transfer process
conveyancing
When a Conveyancing Attorney Pays Agent Commission Prematurely
This week the Property Poser panel looks at the ramifications of a situation where the conveyancing attorney paid out an estate agent's commission before he was entitled to do so. A reader writes that he paid a deposit into the attorney's trust account, which was earmarked for transfer costs. The attorney instead used the money to pay the agent's commission and, when confronted by the reader, admitted that he paid the agent "prematurely". The inappropriate payment of monies held in trust … [Read more...] about When a Conveyancing Attorney Pays Agent Commission Prematurely
