Understanding Attorneys Obligations Regarding Title Insurance Roles
In a December 15, 2022, article on the Office of Bar Counsel website, it was submitted that providing title insurance in connection with a real estate closing is subject to Rule 1.8(a) of the Massachusetts Rules of Professional Conduct. Attend to hear a moderated dialogue between Assistant Bar Counsel and a seasoned conveyancer dissecting the practical implications. JAMS neutral Hon. Bonnie H. MacLeod (Ret.) will be chairing this program which will cover the following:
- Overview of Rules 1.5, 1.7, 1.8 and 5.7 of the Massachusetts Rules of Professional Conduct
- 1.7 and the Role of the Lawyer
- How the Interplay Between the Ethical Rules Affects Conveyancers
- Requirements of Disclosure in Initial Fee Agreement
- Requirements of Obtaining Informed Consent from the Client in a Signed Written Document
- Hypotheticals and Stories From the Trenches
- Q&A Session and Key Takeaways
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