pennsylvania: Lawyers and Residential Real Estate Transactions: What Happened?
- 02/15/09 12:54 PM
At a recent seminar for real estate attorneys, I heard a colleague lament the fact that Pennsylvania attorneys have been nudged out of the residential real estate transaction. Gone are the days when lawyers are a essential cog in the deal. For the foreseeable future, they're not coming back, either. Somehow, the Pennsylvania legal community did not do enough to protect attorneys. The practice of law without a license is forbidden in Pennsylvania, but real estate licensees do so every day. How? By writing real estate contracts. A licensee may respond by saying, "we don't write contracts per se; we just … (4 comments)
At a recent seminar for real estate attorneys, I heard a colleague lament the fact that Pennsylvania attorneys have been nudged out of the residential real estate transaction. Gone are the days when lawyers are a essential cog in the deal. For the foreseeable future, they're not coming back, either. Somehow, the Pennsylvania legal community did not do enough to protect attorneys. The practice of law without a license is forbidden in Pennsylvania, but real estate licensees do so every day. How? By writing real estate contracts. A licensee may respond by saying, "we don't write contracts per se; we just … (4 comments)
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