If one was to GC a new construction or a flip project (in NJ) would you need to take out a general contractor insurance policy or does the builders risk insurance policy on each property as well as hiring fully insured sub-contractors suffice?  

I think a sincere apology would suffice.

Would an addendum to the lease suffice? 

Note: by "sell", I don't mean list it on the MLS and sit back (otherwise flat-fee would suffice).

@Bradley Kirschbaum if you own a few rentals then quickbooks will suffice.

I won't go into my adventure at the Office of Buildings, but suffice it to say, I still do not have a permit to demo the damage.

Until then, a good insurance policy will suffice - very good to know!

Shaun, absolutely speak with a local attorney but a few things I would say from my experience in NC:-A notarized bill of sale for buyers is sufficent in many places for residents to have utilities turned on w/ local providers, so that should give all parties comfort regarding its legitimacy-The counties where my parks are located, a title is required to move a home, so they shouldn't be able to move the homes from your park-Depending on how "by-the-books" you want to do it, a mobile home dealers license is required in many, if not all states, if you're selling above a certain # of homes in a given yearI hope this helps.

The hardest part is getting a straight answer from the CCB because each of them have a different understanding of the law since Michael is on the LLC is it necessary to have a GC license (in his name) and a Developer license for the LLC, or would the GC license suffice.

Technically an armoire can suffice as a closet.