Contingency Contract In Real Estate In Fulton

• Category: Attorneys - Fee Agreements
• State: Multi-State
• County: Fulton
• Control #: US-00442BG
• Format: Word; Rich Text

Description

The contingency contract in real estate in Fulton allows clients to engage attorneys for representation on a contingent fee basis. Key features of this form include the clear definition of attorney fees, which vary based on whether the claim is settled out of court or through a trial. It outlines the responsibility of the client for costs and expenses incurred during the legal process. The agreement grants attorneys a lien on any recovery amount, ensuring they are compensated for their services. Clients also authorize attorneys to employ experts and accept associate counsel as needed. The contract specifies conditions under which attorneys may withdraw and details the implications of clients settling claims independently. Importantly, attorneys do not guarantee a favorable outcome and emphasize that all predictions are based on professional opinion. This form is invaluable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions as it provides a structured approach to handling legal claims and facilitates understanding of attorney-client obligations.