LEO: Real Estate - Trustee on Deed of Trust LE Op. 336

 

Real Estate - Trustee on Deed of Trust.

 

September 20, 1979

 

Trustee on a second deed of trust for the benefit of seller represented

buyer in a real estate closing. Seller was not represented. When buyer

defaulted on the second deed of trust, seller retained counsel who

requested that he be substituted as trustee. The trustee should resign as

requested. ( 55-60 and 26-49 Code of Virginia, as amended) [See II:

DR:2-108(A)(3).]

 

Committee Opinion September 20, 1979