LEO: Real Estate - Table Funding  LE Op. 383


Real Estate - Table Funding.


July 29, 1980


There is nothing ethically impermissible with buyer's attorney delivering

the proceeds of a real estate settlement to seller at the final closing

but prior to actual recording of the deed, so long as he has taken

appropriate steps to assure protection of his client's interest during the

interim between closing and recording and so long as he obtains the

informed consent of his client. [See II: DR:7-101(B)(1) and DR:9-102(B)(



Committee Opinion July 29, 1980