Do I need a lawyer to sell my house?
August 30th, 2006 by Questions
I fell behind in my mortgage payments but before the mortgagee took my house under Power of Sale and before I declared bankruptcy, I sold it. The sale was approved by the mortgagee knowing that there will be a shortfall. After the sale became unconditional but before it actually closed, I met with the trustee and made an assignment in bankruptcy (Ontario). My realtor is telling me that I still need a lawyer to act for me to close the sale of my home. He says that I am potentially liable civilly to the buyers if I don’t have one and the sale is unable to close as a result. My trustee is telling me I do not need a real estate lawyer. Who is right? Do I need a real estate lawyer or not?
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