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Kitchen Knives

A colleague listens to my complaints about some ridiculous deals, and then shares one of his own.  It seems that a house has three kitchens, and the lender wants one removed.

Buyer's counsel tells my colleague, the seller’s counsel, to “have a kitchen removed.”  This is conveyed to the real estate broker, who has a kitchen removed. Lender is notified and lender is happy.

It seems the buyer isn’t happy, however. The call comes back to seller’s attorney saying, “You took out the wrong kitchen.”  Yet there couldn’t be a wrong kitchen when none was specified!

Seller’s on the cusp of foreclosure and the buyer’s on the brink of defaulting. The attorney telling me the story is on the ledge of his sanity.  And if buyer’s counsel failed to convey his client’s full instructions on which kitchen should go, he’s on the knife edge of a malpractice suit.

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