LEO: Real Estate - Commission  LE Op. 281

 

Real Estate - Commission.

 

March 25, 1976

 

It is improper for an attorney to "let it be known" to real estate

brokers that he will disburse their commissions to them at the time of

settlement and prior title bringdown and recording. The advancing of the

commissions is improper regardless of whether they are advanced out of

funds held in escrow or out of the attorney's own funds (for which the

attorney would subsequently be reimbursed). [See II: DR:2-103(D).]

 

Committee Opinion March 25, 1976