1.10 Real Estate Sales Contracts

LibraryReal Estate Transactions in Virginia (Virginia CLE) (2019 Ed.)

1.10 REAL ESTATE SALES CONTRACTS

1.1001 Advice and Counsel. Most people sign a real estate contract before consulting a lawyer. The lawyer should review the contract with the client and describe its deficiencies. This will enable the client to understand the limits placed upon his or her legal remedies by the contract's deficiencies. It may also encourage the client to seek legal advice before signing

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other legal documents. Failure to advise a client adequately on the meaning of terminology in the contract is actionable negligence. 149

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