In Ohio with the forclosure laws one person that I talked to had a lawyer tell him just to put his money back and live in the house for free for at least the next 8 months.

There are pros and cons with becoming a member of the MLS - you do get up to date info; however, as a licensed real estate agent you are now bound by certain State laws when it comes to disclosure.

If I remember Reed uncovered some facts about Whitney's youth where he ran afoul of the law and printed the court documents on his website.

My brother states that the quit claim deed will hold up in court of law if my brother does happen to split with his wife.

We're so glad you're here,and also that you're not in trouble with the law!

As a real estate agent, I can tell you this (I don't know what area you are from and am only familiar with Fl laws pertaining to commissions and the like) but...Originally posted by "Prowler1":I do believe that you get what you pay for.

I too am from your are and have moved to Utah where buying and selling land is the best money maker, my husband and father in law are developers and investors.

The (one) general partner (that would be you in this case) doesthe managing of the business in return for a cut of theprofits (usually 20%) or a flat fee.There are laws that govern how and whom you maysolicit to be a limited partner, and those laws aregoverned by the SEC and are way more strict than anylaw you've seen that governs real estate.It's a big deal.

I am not versed in legal affairs or NY laws so do not know how to interpret this; should I go to the courthouse and pull the records to read?

Here's the list of the one's I have...thought it may be easier this way:AddendumAffidavit and Memorandum of AgreementAgreement for DeedAssignment of ContractAttorney ApprovalBill of SaleClosing StatementDeposit NoteLetter of IntentQuit Claim DeedRE Purchase ContractRE Sales ContractBuyer’s Property Inspection ReportCash Flow AnalysisMarket Sales AnalysisProperty Analysis FormProperty Rehabilitation AnalysisSeller Information FormInstallment NoteMortgageMortgage Loan RecordPromissory NoteMonth to Month Rental AgreementPet AgreementRental ApplicationResidential Lease Rental AgreementResidential Lease with Option to PurchaseWaterbed AgreementBuyer ProfileWeekly PlannerWeekly Priority Schedule30 Day Notice to Terminate TenancyExpense Allocation SummaryExtension of LeaseLandlords Five Day NoticeMonthly Income RecordMove In Move Out FormNotice of Overdue RentPermission to SubletTenants mandatory Notice of Intention to VacateLet me know if I can shoot any of these out to anyone, and please, always remember to check them with your local laws!!