Sentences with phrase «lawyer deposits the money»
The opposing party sends a check, the lawyer deposits the money into the trust
https://lawyerist.com/ Not exact matches
A sum of money deposited in trust by the purchaser when making an offer to be held in trust by the vendor's agent, broker, lawyer or notary until the closing of the transaction.
Silver's lawyers claim that his original deposit money was used as a «hostage» to demand further payments.
A North Salem lawyer with offices in Westchester County and the Bronx lost his law license after being accused of, among other things, improperly depositing clients» escrow money in his personal account, and he spent $ 131,000 at gas stations, Circuit City, The Athlete's Foot, restaurants, gym clubs, Home Depot, Frederick's of Hollywood lingerie retailer, and a jewelry store.
If you pay on an hourly basis, you will likely have to pay a retainer (where you put down a specific amount of money for a deposit), which will pay for your lawyer's estimated future bills.
Lawyers sometimes take what would just be an ordinary retainer headed for the trust account, call it «nonrefundable» and both deposit it in the business account and refuse to return any money to the client who quits before the work is done.
Fraudsters claiming to be legitimate clients would have a lawyer deposit a fake cheque into a trust account and prompt the lawyer to wire good money elsewhere.
The original buyer's lawyer called and DEMANDED that I release the deposit monies TO HIM (think he was owed money by his client maybe).
My seller client's lawyer wants to add an extra clause to this effect — «Buyer acknowledges that if Buyer is unable to or refuses to close after all the Buyer's conditions have been fulfilled or waived, then deposit monies can revert straight to the Seller.»
Anne was always showing him the Co-Ops — our MLS listings — and Joe would always say that he didn't have the money to pay for a deposit and for a lawyer.
The listing contract stipulates that the seller agrees with the listing brokerage «offering» any cooperating brokerage a stipulated portion of «their» (the listing brokerage's) after - collection (via a lawyer usually making up the diference between the total commission payable and the deposit monies sitting in the listing brokerage's trust account) contracted - for commission.
A good piece of advice if you are having a problem with an earnest money deposit, is to speak with an experienced Florida real estate lawyer to learn about your rights.