n Personal Finance Newsletter - Court shocker : lazy lawyer's costly property error : property
|Article Title||Court shocker : lazy lawyer's costly property error : property|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Apr 2010|
|Pages||12 - 13|
Lawyers can play an integral role in the selling of distressed properties. They often attend auctions on behalf of the bank to protect their client's interest and make sure that reasonable value is received for sale in execution properties. But lawyers don't always get it right - and in this case their negligence cost the owner and / or bank money, and resulted in one lucky buyer walking off with a bargain.
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