Posted by Russ_CA2 on January 24, 2002 at 20:17:16:
I have never been told of a requirement for a business license, or any kind of license for that matter, to buy or sell a piece of residential property for which I am a principal. I have never been told, either, that I cannot lease or lease with option any property which I am a principal. I’d be willing to bet that information is not correct.
Now, I realize I am not the last word on this, but I have been a real estate investor for 15 years, have been involved in hundreds of transactions of various types in that time, and not once have the real estate police come a knockin’.