CA. R.E law - Posted by chris-ca

Posted by chris-CA on February 05, 2002 at 15:38:26:

Thank You for the help.

Will I need a business license

CA. R.E law - Posted by chris-ca

Posted by chris-ca on February 04, 2002 at 11:07:45:

Ok I am ready to find my first deal. However I understand that California has same unique RE laws. I plan to do forclousers and distressed properties. Will I need a business license? Any other CA R.E. laws someone can tell me about?
Thanks
Chris-CA

Re: CA. R.E law - Posted by William Bronchick

Posted by William Bronchick on February 05, 2002 at 09:40:31:

CA law requires a 5 day right of recission if you buy a property from a homeowner in foreclosure. CA does not require a license to buy and sell properties as a principal.

You should join a local RE group for more details. Check the link on this site for “LOCAL RE GROUPS”