Are using contracts other that the standardized state RE association legal in your area?

Is there any legal restrictions in putting an early termination fee in a lease for the state of NJ?  

The purchase and sale agreements the assignment of contracts, you know the vital legal instruments needed in the transaction of real estate.

From what I have found on the State Legislature site, you the owner of the property, must be a  General Contractor that is Licensed and bonded, in order to flip a house legally.

Thanks Nathan,Bloody hell mate,Looks like Ohio Cashflow will need to hire a full time legal team to monitor every one of our posts, blogs, interviews, the color of our socks lol, etc...Haha ;)Have a great day and chat soon.

The broker also never informed me of this owner tenant relationship either either, I discovered it on my own.I understand that an LLC is a separate legal entity but in this case the money is going to the same place.  

That's how they technically stay legal.  

Is it legal to purchase say a 4-plex and never live in it at all with an FHA loan?

I'm not a lawyer, no legal advice.  

If a CC&R's say that a particular protected class of people can't own the property or live there, is that still a legally binding regulation that must be followed by new owners?