Q Is it legal for a lawyer that represents a condo to buy a foreclosed unit and  then flip it?  

 —Ethically Curious  

A “There is nothing in the law,” says Robert L. Kaye, Esq., the managing member of Kaye Bender Rembaum, a full  service commercial law firm based in Fort Lauderdale, “of that precludes a lawyer representing a condominium association from  purchasing a foreclosed unit and re-selling it for a profit. Presumably, the information the attorney used in the process was all available  in the Public Records. To avoid potential ethical concerns, it is recommended that the attorney notify  the board of the intent in advance of doing so.”