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Updated over 7 years ago,
Equitable Interest & Marketing Real Estate
I am new to Real Estate investing and have a quick question. I realize most on here are not lawyers, so I'm looking more for educated opinions on this topic. After a lot of research, my new understanding is that Equitable Interest established through a contract (say in a Wholesaling or Lease Option deal), enables you to market the contract but not the property itself. If you market the property without a Real Estate license (like posting pictures or publishing the home address on Craigslist), you are potentially committing a crime. Is this correct? I've heard a lot of individuals mention Equitable Interest as enough to satisfy the ability to market the property, that explanation seems a little off. Or am I overanalyzing this.
I do not currently possess a Real Estate License, however I am interested in Wholesaling and Lease Options. Hypothetically, if I partnered with a licensed Real Estate Agent on a new business, would I be in compliance (with regards to listing and showing the property under contract)?