This is why state regulatory agencies typically do not pursue enforcement of licensing laws against 'wholesalers' unless they violate laws through other specific actions.  

Do you find it's easier to invest in Dundalk than Baltimore City from a legal or regulatory standpoint?

You either need to hire a law firm that specializes in finance regulatory law, or a consultancy like ours to help you through the process or both.First, someone needs to do an audit on the loans themselves to make sure they have sufficient value and then to decide what needs to be done to make them legal and enforceable.Second, if it is worth it to you, you need to form a captive finance company.

Yes, pending regulatory approval (as they are the 2 biggest real estate websites) it's a done deal.  25%+ premium to Trulia's close yesterday (or $3.5 billion)...not too shabby.  

I'd think you mean not to conduct commercial activities that are in violation of any zoning restriction or allow public commerce to be conducted on premises.The tenant agrees to maintain the leased premises in compliance with all regulatory requirements, ordinances and laws as applicable.

It is advisable to do your due diligence and ask about such things as how long have they been in business, are alternative assets their sole focus, are they BBB accredited and rated, are they a regulated financial institution, have they ever been sanctioned by any regulatory bodies, how many accounts and how much in assets do they administer?

Unless there has been some recent legislation I'm unaware of, 1031 Qualified Intermediaries hold crazy large sums of cash on behalf of clients without insurance requirements or regulatory oversight.

If I were the regulator, I would not buy it.

So be careful who you listen to about regulatory issues.You'll find many trying to out smart the law, can't be done except as to the specific exemptions allowed.

These guidelines are adopted by the board of directors or, if none, management and by regulatory rule.