Every state where we do business has laws on the books that provide for "winding up" authority... that is the sole surviving member(s) of an LLC or director(s) or shareholder(s) of a corporation are vested with authority as trustees of the entity's assets to sell them as part of the dissolution process. 

During the testimony that I gave and questioned the Executive Director, who was testifying for the Bill, He specifically stated on record in the House hearing that "Wholesaling" or assigning contracts is legal if done correctly. 

Portfolio loans are governed by each bank's board of directors.  

In many instances, the bulk owner is on the board of directors for the community, and in some cases, the bulk owner(s) make up the entire board of directors.

Also, your board of directors or HOA management company is legally required to give them to you if you request them.

I am here to tell you this is wrong.Now you can either be stubborn and use emotion to stick to your ways and be offended by this message (don't be, I am just really blunt and direct)... OR

I used to be an HR director and find that job applicant screening is very similar to tenant screening. 

I've been in the industry for 6 years as a PM, Maintenance Director, Vacation Rental Management, etc. in Denver, CO, and Breckenridge, CO.

I wanted to ask a few things that I think will differ between the US and the UK:-To invest with someone else in the UK, I will need to set up an LTD company to buy and hold real estate and then the "Bobs" I find will have to be directors and provide director loans to the LTD Company - Is this correct? 

People that say constancy is key, are friggin demented.Do you think if NASA's spaceshuttle blows up, the director will say, keep launching them, eventually one of them has to make it to the moon?