5 Ways to Practice Law Unlawfully
March 1, 2006
Don't Make These Mistakes.
Read these tips, also in this year's list issue:
- Changing the wording in a purchase contract except for the section designed to be filled in by a real estate licensee. Even if it’s only a few words, don’t mess with the preprinted portions of a contract form unless permitted to do so by your state’s law.
- Explaining to your client the meaning of a clause in the contract. Resist the temptation and refer the client to an attorney.
- Telling a client “not to worry” about a clause in the contract since the seller will not try to enforce it.
- Signing a document on behalf of your client, even with the client’s approval, unless you have power of attorney.
- Writing an addendum to the purchase contract. It’s far less risky to include common contingencies as standard clauses and then cross them out if they don’t apply.
Sources: About.com and The Real Estate Solutions Guide 2005, published by Florida REALTOR®