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Options with assignements/realtor question

Posted by Peter Toth on November 14, 2011 at 5:44pm

I was told that in NJ I cannot get an option on a property and assign this to someone else if I am not a realtor (or take an option contingent upon finding someone to sublease if I am not a realtor.

 

Does anyone know if this is accurate or if I need to find a workaround?

 

Thank you,

 

Peter

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Replies

  • Peter Toth November 14, 2011 at 8:32pm

    It was actually an attorney. But they also said flipping was not legal in NJ.

     

    I do not trust her answer but not sure how I can prove it wrong.

  • Eric Einholz November 14, 2011 at 8:27pm

    I'll bet you heard that from a realtor.

This reply was deleted.

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