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Updated over 10 years ago on . Most recent reply
Question for Florida Wholesalers (and their lawyers)
I had a "For Sale" sign in the front yard of a house that I have a contract to purchase on with the seller. I got a call from the Florida Department of Real Estate informing me that since I do not hold a real estate license and because I am not the owner of the house I cannot market the property for sale.
I explained that I have an equitable interest in the property in the form of a contract for sale and purchase however they maintained I must remove the sign or face felony charges. Has this ever happened to anyone else?
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
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- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Well, now we know. You can put up a sign Equitable Interest For sale, or Purchase Contract For Sale, but apparently not House For Sale.