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Securing Your Secrets? Solicitor-Client Privilege and Your Lender
Barbara Frederikse Barbara Frederikse

Securing Your Secrets? Solicitor-Client Privilege and Your Lender

You know the children’s poem “Rub-a-dub-dub, Three men in a tub”? Well, in the context of residential real estate, the “Three men in a tub” is you, your lender and your lawyer.  Solicitor-client privilege stands as a cornerstone of the legal system; confidential communications between clients and their legal representatives must be maintained. This privilege plays a vital role in fostering trust and transparency while ensuring the protection of sensitive information. The “rub” in the context of residential real estate is that your lawyer will typically have 2 clients; you and your lender. In this article, we delve into the nuances of solicitor-client privilege within the realm of residential real estate closings, shedding light on its significance, scope, implications and limitations.

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