Or are there any short-cuts that can be taken? For instance, can the same solicitor act on behalf of both parties? If one of you bought the property recently and you know there is no risk of landslide, and that there are no outstanding statutory notices and so on, does the solicitor still have to go through this all over again?
Answer by Gavin R
in the UK you still need a solicitor to handle the money aspect.
this is because mortgage lenders will only use a solicitor, and they have to be on their approved list too.
even if the buyer was paying cash... as money laundering laws come into it! you have to then prove where the cash came from!
Answer by snake eater
Always better to have a lawyer...this is a legal transaction and both parties need to be protected legally. You'll be better off in the long run if any disagreements arise later.
Answer by Jordan Man
Hi i found a web site about Keeping Business And Friendship In Line When Selling Your Home
Answer by chatsplas
cut out the real estate agent and keep the solicitor
Give your answer to this question below!
Orignal From: If you are buying or selling property from a trusted friend or relative, can you cut out the solicitor?
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