Wholesaler · Northfield, NJ · Member since 2012 · 22 posts · 2 votes
1.Has anyone used the contracts provided by freedomsoft in NJ and verified if they are 100% legal?
2. Can anyone point me in the right direction to getting it verified?
3. Does this cost money to have verified?
Unless the contracts were specifically written for NJ law, I doubt it. Using a universal legal contract could be a potential problem for a RE investor.
To verify, you need to have your own RE attorney look them over and edit or approve as is, and yes, that will cost you some dough, but save you in the long run.
Might be very vauge and leave a lot of things unstipulated so that it does not violate any laws in any state. Personally as a landlord I like to use a contract that is legal in my state and outlines every aspect of the deal as accurately as possible and is legal in my state.
Yeah those are my concerns as well but I'm looking for anyone who has specifically used the contracts from Freedomsoft. Otherwise I guess I'm going to have to shell out some change and get this one reviewed by an attorney.