Anything BUT un-ethical - Posted by Brandi_TX
Posted by Brandi_TX on February 05, 2002 at 21:27:18:
My contract states that a memorandum will be filed, so they know it is going to happen and for what purpose. So why would it be unethical to do so?
All the memorandum does is let the public know that there is SOME kind of transaction going on with the property, and how to contact me should they have any questions. It also raises enough of a question to where any lender in their right mind would not loan on the house until they contact me first. It keeps me “in the loop”.
It is possible that you have verbiage in your memorandum that would warrant having both parties sign it… but for me, mine is fine with one signature and anything but un-ethical. (Ask the old timers on the board that may remember me and my issues with being “unethical” - LOL)
So, please clarify… why you think it would be unethical to file this with only one signature, when the other party already knows the scoop.