there is legislation pending regarding these types of companies and my goal now is to prevent this from happening to others.Next stop NY times

I'm asking the question mainly because I am wondering if a Salesperson can also incorporate and use that Corporate Entity to be associated with the Brokerage.Therefore, if the Brokerage gets sued, the Brokerage can only sue the Corp of the Salesperson.Hopefully this is a non-issue where Sales Agents do not need to worry about potentially getting into a lawsuit, even at his own doing because he was not supervised correctly to prevent the liability in the first place.Thanks for any replies in advance.

@John Knisely@Russell BrazilJohn:Thanks John for your reply but I want to address the issue in regards to anything unethical.I'm not a Sales Agent yet, but I am an INVESTOR now.I'm trying to PREVENT an unethical situation by asking what I should do in certain situations, in this case, when I am a Seller's Agent and I know ALL of the bids, of which the Best and Highest bid is BELOW what I would offer the Seller.I have two options here as I see it.1) Recuse myself because it really does seem unethical.

I'd prefer that they'd service our loan but when I approached my partner about it he thought it was an unnecessary expense.

Basically If I get a short term loan in order to pay for a property and then a year later go to the bank to get the refinance to pay back the loan... what if the market declines or for some other reason I can no longe...

Dryer vents require periodic cleaning to prevent buildup of lint and other combustibles, anyway.

Lender suggested that we cut the stack below unit 5, and re plumb 5 bathroom from ceiling below to prevent having to remove bath tub and upper portion and roof penetration on vent stack.  

Hats off to the team at BP for moderating these forums strictly to prevent spamming, a common issue with other RE forums.

I'd love to do cash for keys and get in that much sooner but I wanted to check and see if there are any local laws that would prevent me from doing so. 

HiIf I buy a foreclosure from the second position for say $200,000, subject to first mortgage of lets say $300,000, and then the first position forecloses - my understanding is it forecloses the original owner, and not me.At this point,  can I pay the lender their $300,000 to prevent foreclosure?