Check with your lawyer that such a penalty is permissible in your state though.

It’s a good idea to review local real estate development compensation norms or even consult with a lawyer to ensure the deal is fair.In your uncle’s case, the terms seem fairly favorable to the engineer if he is only handling the development and not contributing any capital.

its creating some friction with brokers that are representing buyers  Listing agents no change.the commish is becoming a negotiation just like a home inspection..

I will confirm with my lawyer and accountant when it comes time, but I thought I should hear what other investors suggest.  

And the agent license was same, I didn't want to represent clients, so the ongoing cost and time investment was not worth it.I had never heard about lenders allowing higher LTV, or anything like that simply because you have a license.  

Disclaimer: I am not a lawyer, financial advisor or Realtor.

I'm talking to the seller's broker, but I would like to find my own people to assist with the due diligence period, such as an SBA loan broker, an accountant with experience doing QoE for this kind of transaction, and a lawyer.

Their role is purely administrative, so if you file incorrectly or choose the wrong entity type, you’re on your own.3.Hiring a Lawyer or CPA (White-Glove Service):This is the most comprehensive option, with costs ranging from $1,000 to $3,000.

Call a sales representative and ask for an upgrade or feature that allows you to send more.

Unless you have extensive experience representing yourself, I recommend using an agent.