Not enforcing laws is not an excuse to pass draconian laws.

I understand the state laws regarding wholesaling in NY are tricky, but is it worth it to spend the money to have lawyers review or draw up my contracts?

This seems like walking or crossing some fine securities law lines.

If it is a term lease, the lease terms will control, to the extent they do not contradict state law.

Both are terrible choices NYC, super expensive and high taxes, and TERRIBLE landlord laws.

It should say in there what the terms are for ending the lease in the case of month-to-month.Then check your state and local laws.

My guess is 99%+ of agents have no familiarity with off-market deals or the real nuances of the laws, they do exactly what their brokerage tells them to do with appropriate checklists and pre-written forms/contracts.

Purchase price: $220,000 Cash invested: $5,000 Purchased a mostly turn-key property with a main house and an In-Law detached suite.

@Emilie Pa Consult a real estate attorney to ensure the property transfer from your Canadian company to yourself is legally sound and compliant with California laws.

The RE law in Ok and Texas clearly states that an LCC employee can find eals and help in the transaction.