I would like to know who the attorney is that told you that.The standard form NC 2-T, clause 16, says no assignments... so just line it out and initial the change.

Joe GoreWow, some big name law firm is going to spend their own money to initiate a sting.

We initially tried to be very welcoming and friendly.

The funds drawn, are paid to the GC after we review their draw request and verify work done and money spent.  

Therefore I have no initial mortgage on the property.

So definitely worth the initial cost of XRF testing.

With later move ins we verify criminal but not rental history, so he could easily be trying to move in people that he knows would not pass your standards.It is either a misunderstanding or he is hoping you are a landlord that will be content to accept rent and not enforce the agreement.

We will not be listing on the MLS initially even though 3 of the principals (myself included) are licensed real estate agents.

@Bill Gulley mentioned using an attorney to draft your initial documents and then reusing them on future deals.

If it does, any kind of details like the ones you posted in your initial message would be helpful!