Rescision

[ivanl3]

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What is the name of your state (only U.S. law)? NV

If one sues a condo developer and wins and is granted rescision as the remedy (you get your money back and lose the condo), how does lawyer working on contingency typcially get compensated? I know it depends on the contract signed with the lawyer, but how is it inormally handled?

 

[HomeGuru]

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What is the name of your state (only U.S. law)? NV

If one sues a condo developer and wins and is granted rescision as the remedy (you get your money back and lose the condo), how does lawyer working on contingency typcially get compensated? I know it depends on the contract signed with the lawyer, but how is it inormally handled?

**A: contingency is based on value so the attorney would get a % of the value (money gotten back from the developer)