Legal Question in Family Law in Oklahoma
Ethical
Is it unethical for a client to purchase real estate property from his attorney?
Asked on 11/23/08, 10:45 pm
1 Answer from Attorneys
Wayne Allison
Allison Legal, LLC
Re: Ethical
Not necessarily. Lawyers can be business-people too, and you don't have to do real estate business with him/her. The ethics question involves a matter of disclosure. The attorney can't take advantage of his special relationship with the client, but if he/she is disclosing everything in the transaction, that's not inherently unethical at all.
Answered on 11/24/08, 9:26 am