Note Brokering?

[Sue Bishop]

Hi,

I have 2 questions that hopefully some of you experienced Note Dealers can adequately answer for me? They are:

1. Is it always best to get prospective investors and brokers to sign a NDNC Agreement before sending the note information?

2.  Do any of you have a link to which states require note brokers to be licenced in?

Thanks

[Bob Malecki]

Yes, always execute a NCNDA when brokering. If the buyer does not want to sign, then move on. As far as licensing, I think California is the only state that has some sort of requirements