That along with seller-disclosure about flickering lights led us to move on from the deal.

FIRST QUESTION- Closing Prorations: Not sure which one to chose (default is the first one)Line 120 - Real Estate taxes shall be prorated at closing based on  {The net general real estate taxes for the preceding year, or the current year if available} {Current assessment times current mill rate} {Sale price multiplied by the municipality area-wide percent of fair market value used by the assessor in the prior year, or current year if known, multiplied by current mill rate}I checked the default option which is the first one, but want to make sure it is the right choiceSECOND QUESTION- Property Condition Representations:  Very confused on this sectionLine 150-168 - Seller represents to Buyer that, as of the date Seller grants this Option, Seller has no notice or knowledge of any Defects other than those identified in Seller's disclosure report dated _______ and if applicable, Real Estate Condition Report dated ______, and, if applicable Vacant Land Disclosure Report dated _____, which was received by Buyer prior to Buyer signing this Option and which is/are made a part of this Option by reference (Complete dates or strike as applicable) and _____________________ (Insert conditions not already included in the disclosure or condition report(s)) CAUTION: If the Property includes 1-4 dwelling units, a Real Estate Condition Report containing the disclosures provided in Wis.

Explain your exit strategy.Open escrow with escrow instructions, lease, sale and purchase, and all other North Carolina sale forms like sellers disclosures, etc.

., the disclosures were totally wrong, they marked "YES" rather than "NO"throughout. 

In the interest in full disclosure, we sell turn key properties.

Besides the non-disclosure provisions for those trying to protect their identity, any other reason you would suggest Nevada for LLCs?

. * Not getting the seller to sign the disclosures that protect you. * Buying properties that need too much in repair work. * Dealing with lower priced properties. * And not doing the proper research about the market you are buying in.

As a licensed agent, you have the burden of disclosures with the parties involved. 

Full disclosure always - no "surprises".On the subject of wholesaling and licensure, by the way, there is a realtor in the Chicago area who advertises that if they can't find a buyer on your terms they will buy your house.

(Disclosure: I receive nothing for recommending them).