You should read the statutes and call the legal help line to make sure you are in compliance. 

I know new laws went into effect - but the statutes are less than clear on this (as they mention using accessory structures for JADU, but I keep hearing the JADU has to be attached).Anyone have recent experience with this?

Can someone please reference the specific statute that states contractor deposits are illegal?

This is the federal statute that creates exemptions for due-on-sale transfers.

@Sean McKeeIf you buy a tax lien you are not forced to foreclose on it - you have specific parameters to follow and statute of limitations - you can just do nothing and let it expire and walk awayYou would lose your investment in that situation

I believe NC is a deed of trust state and has a 10-year statute of limitations so if the 2nd DOT was originated in 1995 when the property was purchased and had a 15-year maturity the debt matured in 2010 and should have been time barred as of 2020 unless there is something of record indicating the DOT was modified to extend the date of maturity. 

When there is a loud enough outcry, legislators will pass laws to regulate REI and LL/T industry.Given the number of posts on this forum stating fact patterns that turn the stomach, I am completely not surprised by the statutes on the books and proposed in most states. 

I second Alison Brenner check your state statutes I've encountered this in PA and obviously we have no actual facts like how do you even know a PO exists? 

I think not.Missouri, for one, has no such statute.

Another thing, those who like to look up statutes and decide for themselves if they are compliant with laws.