Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

28
Posts
9
Votes
Alexander Vitro
  • Real Estate Investor
  • Succasunna, NJ
9
Votes |
28
Posts

Legal Issues

Alexander Vitro
  • Real Estate Investor
  • Succasunna, NJ
Posted

Does anyone (a lawyer would be a plus) who is familiar with NJ know what, if any, special licenses or certifications might be required by the state/municipalities to run an LLC that buys and sells real estate. I'm hoping this will work out better than my attempts to get ahold of someone from the government... they seem to always be away!

Thanks!

Most Popular Reply

User Stats

21,918
Posts
12,876
Votes
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
12,876
Votes |
21,918
Posts
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

I can tell you, no license required other than business licenses, anyone who can fog a mirror can have a company. Now, how you deal in RE can require a license, as an agent or, in running the company a brokers license. Investigate those requirements in NJ license law.

Licenses are required for the types of business conducted by profession, a company really isn't subject to professional licensing but rater those officers, directors or owners of the business entity, there are requirements for entities to be owned or operated by licensees. :)

Loading replies...