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All Things Real Estate: Why aren't lawyers required in real estate transactions?


Q: Back in 1958 we purchased our first house in Farmingdale, Long Island, New York, and at that time - and I understand from relatives that it is still the same - the buyer or seller was required to have an attorney. At that time my attorney, John Gillies, was paid 1 percent of the sales price and of course, the real estate office had their percentage.

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All Things Real Estate: Why aren't lawyers required in real estate transactions? curated from Real Estate News

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