Corey,I prefer (in my personal situation) to use LLCs for both flips and holds, however, to answer your question, many states how specific laws and requirements regarding flips and therefore, you should consult an attorney in your state.

I can't answer your question, but I can tell you that laws vary by state and you want a contract that complies with your state law.It's not a bad idea to pay a lawyer to look over any contract you intend to use.Never use any contract that you don't completely understand, because a judge is going to hold you to every word of it whether you understood what you were signing or not.

Your signature promotes a law firm, while your account says that you're a Property Manager.

She thought that she knew the law and bragged that I couldn't evict her because she had a brand new baby.

The law lingo that goes along with getting a property that your able to flip to another investor is impossible because banks don't accept it.

You need a lawyer, and one that knows the laws in whatever country you're talking about.

Lots of crazy hunting laws in Delaware.

I have not been able to find anything regarding the laws in SC as to whether buyer is responsible for anything other than the senior encumbrance, any tax liens, and the like.

Remember, CONGRESS MAKES AND PASSES the laws.

There is still a rule of law and unless he wins re-election in 2012 his term and any authority will end at 12:01 PM on January 20, 2013 at the very latest.