LEO: Real Estate - Escrow Agent LE Op. 372
Real Estate - Escrow Agent.
May 15, 1980
A lawyer acting as attorney for purchasers in a real estate transaction
may act as joint escrow agent in connection with the seller's attorney
upon full disclosure to and consent by the purchasers and the seller, so
long as the attorney's responsibility as escrow agent can be fulfilled
completely without conflict with his duties as attorney for purchasers.
Committee Opinion May 15, 1980