Even if you sue him he'll probably end up declaring bankruptcy and you won't see any of your money back. first thing you should do is find out if your state has a department of consumer affairs and report him there.

If one of my siblings came to my mom with that offer and she even thought of accepting it, I'd have her evaluated and declared unsound and ask the court to let me take over her finances.

It's a muscle that you build over time. 

This condition can lead to muscle imbalances, lower back pain, and reduced mobility.

The Declaration of Independence emphasizes the importance of pursuing happiness, closely linked to personal freedom and the power to control our lives.

If a home owner replaces a water heater, there is no record of it declared to the IRS.

I have no problem with allowing companies to declare bankruptcy per se,  only with Trump's cavalier attitude towards it.

You do not state how many units in the project, but Owners MUST get involved, and MUST learn basics of local HOA laws, and MUST review their Governing Documents (By-Laws, Declaration, House Rules, and Amendments, or sometimes collectively know as CCC&R's).

@Jean Norton I have been declared the highest bidder on a property.

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.Then you have 475.42 which states brokering without a license is a 3rd degree felony:475.42 Violations and penalties.—(1) VIOLATIONS.— (a) A person may not operate as a broker or sales associate without being the holder of a valid and current active license therefor.