I can say they have pretty responsive and I have no compliant currently.  

If you approach this correctly, you will have a professional advisor on your team to help you get the most out of this very powerful tool while operating in a compliant fashion.  

You will want to check up front with the lender if they even allow an option.Also, I believe in California you need to be licensed to negotiate a short sale, however you may be able to do it so long as your paperwork states youre negotiating on your own behalf as a principal.If you can pass THAT then you also need to make sure you are MARS FTC compliant or you could face an $11,000 a day fine.

There are, I think, contracts here on BP site but not sure if they are state compliant.

big risktakers i say. perhaps they had the biz cards printed like 10yrs ago in bulk and never bother to invest in new compliant one nows that laws are more 'strict' so to say compared to what ppl could get away wif' a decade ago.

You're compliant w/ the no assignment contract clause because the property remains in the trust.

In addition you need to be compliant with the new MARS short sale disclosures.

@Josh Kundrat, not sure if this is the thread you saw:- https://www.biggerpockets.com/forums/55/topics/388...In that case it seems it was a 4-plex after all, but an extra unit had previously been (non-compliantly?)

Where you begin is understanding the "in the box" requirements, then while remaining compliant with those "in the box laws and rules" you adopt modifications or changes (keeping with legal requirements) to come to solutions that meet the needs of the parties concerned.

We get the home FEMA compliant and this helps the sale greatly compared to a non lifted non compliant home.