1.15 Funds and Property
| Library | Real Estate Transactions in Virginia (Virginia CLE) (2019 Ed.) |
1.15 FUNDS AND PROPERTY
When receiving funds or property from any source in connection with a real estate transaction, the lawyer must handle and account for them in accordance with strict fiduciary requirements. 192
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[192] Va. RPC 1.15. See supra ¶¶ 1.706, 1.707, 1.709, 1.710 (interest on funds in trust); see also infra ¶¶ 1.16, 1.1702 (deeds); In re Bland, VSB Dkt. No. 97-031-2968 (3d Dist. Comm. 1999) (issuing a public reprimand for delay in distribution of...
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