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Updated over 11 years ago on . Most recent reply presented by

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Alexander Vitro
  • Real Estate Investor
  • Succasunna, NJ
9
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28
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Legal Issues

Alexander Vitro
  • Real Estate Investor
  • Succasunna, NJ
Posted

Does anyone (a lawyer would be a plus) who is familiar with NJ know what, if any, special licenses or certifications might be required by the state/municipalities to run an LLC that buys and sells real estate. I'm hoping this will work out better than my attempts to get ahold of someone from the government... they seem to always be away!

Thanks!

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

I can tell you, no license required other than business licenses, anyone who can fog a mirror can have a company. Now, how you deal in RE can require a license, as an agent or, in running the company a brokers license. Investigate those requirements in NJ license law.

Licenses are required for the types of business conducted by profession, a company really isn't subject to professional licensing but rater those officers, directors or owners of the business entity, there are requirements for entities to be owned or operated by licensees. :)

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