We Added Another State
Sherman & Phalen is pleased to announce that we can now close real estate transactions in South Carolina and offer title insurance through Old Republic Title Insurance Company. If you have real estate closing needs in Georgia, Florida, Tennessee, or South Carolina, we can help. Call or email one of our attorneys or staff for […]
Georgia Good Funds Law
Are you compliant with Georgia’s revised Good Funds Law? We are! In 2012, the Georgia Legislature revised the Georgia Good Funds Law to require either the lender or a Georgia licensed attorney settle and disburse any Georgia, lender-funded, residential real estate transaction. Our attorneys and staff can close on any transaction, anywhere in Georgia, in […]
The State Bar of Georgia Drafts New Rules Requiring Attorney Supervision of Real Estate Closings
Following on the heels of the General Assembly’s passage of Senate Bill 365, which supported the role of Georgia attorneys in the real estate closing process, the State Bar of Georgia published Proposed Formal Advisory Opinion No. 10-R2 in the August 2012 edition of the Georgia Bar Journal. The Opinion brings together in one coherent […]
New Laws in Georgia Require an Attorney To Settle and Disburse Residential Real Estate Transactions
Like its sister states, North Carolina and South Carolina, Georgia has long been an “attorney state” when it comes to closing residential real estate transactions. And in this year’s legislative session, two new laws were passed putting Georgia more in line with its neighbors. Georgia has a long tradition that requires attorneys to close residential […]
