Opinion ID: 2502180
Heading Depth: 2
Heading Rank: 3

Heading: Client A Matter

Text: Respondent conducted two real estate transactions on behalf of Client A. In each transaction, the HUD-1 settlement statement prepared by respondent was inaccurate. In one case, respondent disbursed $8,764.65 less than he received, and when respondent was suspended, this money was not in respondent's trust account, in violation of Rule 1.15(a) and (d), RPC. In the second case, a subaccount was underfunded by $8,808.89, again in violation of Rule 1.15(a) and (d), RPC. Respondent has repaid Client A the $8,764.65 erroneously withheld from him. Respondent did not timely discover the errors as he was not reconciling his accounts as required by Rule 417(a)(8), SCACR.