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1. I am directly engaged in conducting real estate transactions as a closing attorney, and such work constitutes more than fifty percent (50%) of my professional work hours in the preceding twelve (12) months; 2. I serve in a managing partner, shareholder, member, or equivalent leadership role within a law firm in which real estate closings constitute more than fifty percent (50%) of the law firm's gross revenues in the preceding twelve (12) months; or 3. I serve in a managing partner, shareholder, member, or equivalent leadership role within real estate law practice division constituting a distinct organizational unit within a law firm in which real estate closings constitute more than fifty percent (50%) of the division's gross revenues in the preceding twelve (12) months;
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The following are the core values of AREBA: 1. Consumer Protection. We support real estate practices and legal frameworks that protect consumers. 2. Professional Competence and Ethics. We support high standards of professional competence, education, and ethics among attorneys practicing real estate law. 3. Access to Legal Counsel. We support the right of the public to have meaningful access to legal representation in all real estate legal matters. Preserving access to legal services requires protecting the practice of real estate law from the unauthorized practice of law, encroachment by non-attorneys, economic or structural forces that undermine its viability, and otherwise. 4. Choice of Legal Counsel. We support the public’s right to freely choose their own attorney for all real estate legal matters, including the selection of the closing attorney and settlement agent in any real estate transaction. 5. Professional Independence. We support the professional independence of real estate attorneys. 6. Private Property Rights. We support the robust protection of private real estate property rights as a cornerstone of individual rights and liberty. 7. Free and Fair Real Estate Market. We support a stable, free, and fair real estate market that promotes confidence in real estate transactions. 8. Attorney-Conducted Real Estate Closings. We support attorney-conducted real estate closings as a best practice that promotes consumer protection, legal compliance, and transaction integrity. 9. Attorney-Issued Title Insurance. We support the issuance of title insurance by closing attorneys, closing law firms, or appropriately affiliated entities as a best practice to ensure accountability to the client and protection of the public. 10. Fair Regulation of the Practice of Law. We support regulation of the practice of law which is fair, reasonable, and free from special interests, while respecting the role of licensing bodies. 11. Clarity in Real Estate Law. We support clarity, consistency, and predictability in real estate law and the regulatory framework affecting real estate.