LEO: Escrow Funds Real Estate LE Op. 331

 

Escrow Funds Real Estate.

 

July 30, 1979

 

It is improper for an attorney who receives real estate funds in escrow, from an individual, not his client, to set off against those escrow funds, amounts owing to the attorney from a separate obligation, even though the separate obligation may be incidental to the real estate transaction, without the individual's consent. [See II: DR:9-102(A) and (B).]

 

Committee Opinion July 30, 1979

 

LEO: Escrow Funds - Real Estate, LE Op. 331 (1979)