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18 October 2018 | 56 replies
These unlicensed brokers, signing contracts through FRAUD BY INDUCEMENT, should get what they deserve.
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23 January 2018 | 26 replies
Are you licensed or unlicensed?
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21 February 2022 | 22 replies
To do this we have several regulatory law firms on retainer to help us understand issues and to review educational materials we produce.That stated, it is important to understand that what may work in one state, may not work in another, so what can or cannot be done in Wisconsin is not the same thing as exists in the bordering state of Illinois.Here are some things to consider:Licensed lenders (meaning a state licensed lender with at least one MLO on their payroll) and depository institutions cannot legally partner with an unlicensed entity, but they can enter into a joint venture relationship that has many compliance requirements the lender must do, and compliance requirements the lender must require of the third party.It is a violation of federal law to artificially increase a price in order to hide fees or other requirements under several federal laws.
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14 December 2022 | 7 replies
Put my commission in the contractCouldn't I , as an unlicensed person, just request the seller to lower the purchase price by 3% (or whatever)?
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21 December 2020 | 14 replies
@Christopher Kinnaman ironically the nee IL law forces unlicensed wholesalers to do 2 wet closings, hiding the fee and lowering the amount to the sellers since the law specifically calls out contract assignment and double dry closings aka fund AB close with funds from BC.So they claimed it was to protect sellers the reality is now sellers will get less money due to twice the closing costs, and won’t know what the wholesaling fee was due to separate closings.
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15 July 2014 | 24 replies
So even unlicensed you can do something which puts you where you need to be.
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5 December 2022 | 14 replies
The GC subs out much of the work to other licensed contractors and typically will not use unlicensed contractors due to liability and insurance.An option is that you take the role of the GC.
21 November 2018 | 26 replies
I screened and screened and searched up and down and right and left till I found a unlicensed felon who wants to do a shower remodel for $1500 plus materials separate.
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9 December 2022 | 0 replies
I've tried asking my insurance broker about this and they just say "you should never hire an unlicensed or uninsured person".
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14 May 2015 | 54 replies
One thing I should mention about hiring unlicensed trash haulers.