However full disclosure to original seller would be required.Please understand that as the holder of an option you do not hold legal, and probably not even equitable title to the property.

I see the concern of that broker.After ten years as an agent you should pretty well understand the game.Fist issue is disclosure and being held to a higher standard of knowledge than those you may deal with.

If a buyer incurs an expense in acquiring a property, directly related to that transaction you may be in violation of loan settlements, cost disclosures, tax claims as to the true basis, the accounting requirements for settlement and could get sideways with TILA issues.

When I sold a property in TX, the disclosures were a fraction of what I have to do in CA.

When the lease is signed I put the ownership name on the lease as well as my name with the appropriate disclosures.

He will do any paperwork and proper disclosures.

I am in IL and we use the MLS contract 5.0 which has a "Loan Status Disclosure" on the last page which has 4 levels of qualification.

When you carry a briefcase full of every kind of blank RE contract, disclosure and addendum everywhere you go just in case.

Be sure to have everyone sign a Disclosure that they know what is going on as far as the ST and who is making payments and that you are out.

There are many Private Banks that would love to have High Net Worth Foreign investors as clients, and we match up your FN clients with the right relationship, and protect your commissions in the process.Clients MUST be high net worth, and be able to provide full disclosure (their country's equivalent to US Tax Returns, as well as asset information).