That should be enough for investors, but there's more She will also put an end to the illegal practices of requiring a rental registration for an eviction, The use of the local judiciary to prosecute, and the prevention of transferring properties with violations.

Beginning this year, with AB 3108, it’s now a crime that can result in a felony with up to 3 years jail time.I’d love to see one of these prosecuted.

How many people are prosecuted for contacting the owner of a lien they own?

A bankruptcy of just one defendatnt holds up prosecution of the entire case.

Often times nothing is done to these illegal wholesalers because it takes too much time and effort on the part of the State to find and prosecute them, but don't think that you are immune to the legal process if someone in foreclosure takes you to court because they lost their home because you failed to deliver on your purchase contract by attempting to act as an unlicensed broker.Scenario 1:  An investor who invests in real estate and has bought several properties finds a great deal. 

Next thing you know, under threat of prosecution, landlord has to refund 100% of renters payments and 100% of S8 payments back to the beginning of the lease.

And remember, because it involves mortgages, you can be sued and prosecuted for up to 10 years (a very long time) after you buy the property. 

I call it selective prosecution.

Bank related issues can be prosecuted for 10 years.

Taking excessive equity is greedy and gets you sued or prosecuted.