These summaries were prepared by McGuireWoods LLP lawyer Thomas E. Spahn. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar, McGuireWoods or its clients. 
 
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40-Trust Accounts

58-Real Estate Lawyers

A lawyer may not disburse a real estate builder's proceeds and a construction loan payoff before recording of the lender's deed of trust.

Copyright 2000, Thomas E. Spahn