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Open House Concerns

Q -  Recently in the news there was a report about property being stolen at an Open House.  Is this a common occurrence and can anything ...

12/28/11

Representation by One Lawyer

Q- The buyer and I have chosen the same lawyer to complete our real estate transaction.  Could this be a problem?

A - It is not a recommended practice in most of Canada (except for Quebec) but it does happen from time to time.

If the real estate transaction goes smoothly, there are normally no issues.  However, if a problem surfaces with the transaction, the lawyer cannot represent both of you adequately.  In that situation, the lawyer will act to represent one of the parties and ask the other to get different representation.

In the meantime, if the lawyer is comfortable representing both buyer and seller, both of you will have to sign a document acknowledging that there are some limitations to such a representation.  You may wish to have the lawyer explain more fully what that would mean in your situation.

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