These disciplinary matters are before the Court pursuant to the Report and Recommendation of a special master who recommends the Court accept Respondent James W. Avant’s petition for voluntary surrender of his license to practice law in Georgia in light of his admission that he repeatedly violated the Georgia Rules of Professional Conduct in his role as closing attorney for several real estate transfers. Avant filed his petition following the issuance of two Formal Complaints by the State Bar of Georgia. In his petition, Avant admits that his conduct violated Rule 1.5;1 Rule 1.15 I b;2 Rule 5.3;3 and Rule 8.4 a 44 of Bar Rule 4-102 d of the Georgia Rules of Professional Conduct. The maximum penalty for a violation of Rule 1.15 I b, 5.3, or 8.4 a 4 is disbarment, while the maximum penalty for a violation of Rule 1.5 is a public reprimand. With regard to Case No. S05Y0035, Avant acted as a closing attorney for a real estate closing on a certain property and represented Oakmont Mortgage Company, Inc. in the transaction. Avant admits he signed the HUD-1 settlement statement even though the statement did not reflect the actual agreement between the parties and contained false information.
In Case No. S05Y0037, Avant acted as the closing attorney for real estate closings on seven properties and represented Oakmont Mortgage Company, Inc. in each of the transactions. With regard to these transactions, Avant admits he was not present at the closings but signed the HUD-1 settlement statements in which he averred he had witnessed the closings and had or would cause the funds to be disbursed in accordance with the statements. Avant admits he received attorneys’ fees from the closings even though he was not present. He further admits the HUD-1 settlement statements did not reflect the actual agreements between the parties, contained false information, and did not reflect the actual disbursements made after the closings. Avant also admits that from about June 24, 2002 through about October 13, 2003, his office assistant prepared the closing documents for numerous real estate transactions for which Avant was the closing attorney; that he did not supervise his assistant in the preparation of the documents; that his assistant conducted the closings for the real estate transactions in Avant’s absence and with his knowledge and direction; and that he signed the closing documents as the settlement agent after his assistant had actually conducted the closings.
