Apart from that, the bank process will also be faster by appointing a panel of lawyers. 9) Avoid Using Too Many Different Lawyers In a real estate transaction, there may be between 1 and 3 lawyers managing it. Lawyer Representing the Buyer For the buyer, the sale and purchase agreement and loan agreement can be handled by one lawyer or two different lawyers. If there are two lawyers, one will handle the sale and purchase agreement and the other will handle the loan agreement.
Lawyer Representing the Seller As I mentioned above, the seller buy belize whatsapp number database has the option to choose not to be represented or to appoint their own lawyer. The seller's lawyer will liaise with the buyer's lawyer who is handling the sale and purchase agreement. It's not an ideal situation when there are 3 lawyers involved in a sale. Buyer appoints lawyer for sale and purchase agreement The buyer's loan agreement is handled by a different lawyer.
For me, it's best to use a maximum of 2 lawyers. This is because communication between lawyers may become a challenge as more lawyers are involved. Their communication must be in written form, not just WhatsApp. This may slow down the process. Ambe recommends that buyers use only one lawyer to draw up the sale and purchase agreement and loan agreement.
The seller appoints his own lawyer.
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