In that structure, you typically do not need a real estate license because you are not representing someone else for compensation.Where people get in trouble is when:• They are marketing or negotiating on behalf of the owner• They are collecting fees to place tenants for someone else• They are assigning contracts without equitable interest• They are advertising in a way that looks like brokerage activityThat is when licensing requirements can trigger.As for the “12 unit” rule, that usually relates to property management licensing thresholds or specific state statutes about managing properties for others.

Because 1031 is a federal statute and is practiced the same nationwide.  

Hi Jeffrey, In Florida, when a property is purchased at a foreclosure auction by a third-party bidder (not the bank), the purchaser is generally responsible for unpaid homeowners association (HOA) assessments that accrued prior to the acquisition of the property according to Florida Statutes.

Now, here is an example of what happens after the problem was fixed by a statute change:Amy bought the 2024 tax lien on Mark’s house at the 2025 auction, with a winning bid of a 6% redemption interest rate.

Abandonment and eviction are treated differently, and handling the tenant’s property incorrectly is where landlords get burned.Key points for MO:Do not assume abandonment solely because they left items behind.Missouri does not have a bright-line “abandoned property” statute like some states.

At the state level, permitting residential property for residential use is explicitly illegal (and has been cited in multiple cases since the law was clarified in 2019) NC General Statute 160D-1207(c) partial quote: "In no event may a local government do any of the following: (i) adopt or enforce anyordinance that would require any owner or manager of rental property to obtain any permit or permission under Article 11 or Article 12 of this Chapter from the local government to lease or rent residential real property or to register rental property with the local government..""...require that an owner or manager of residential rental propertyenroll or participate in any governmental program as a condition of obtaining a certificate ofoccupancy..."

Instead, price caps are primarily handled through state-level anti-price-gouging statutes triggered by declared emergencies.

While it doesn't have to be labeled but you must notify the tenant in writing within 30 days about the bank name, address, account number, and amount deposited.Here in Oklahoma, laws often require an actual escrow designation, a separate savings account in your name, solely for holding that deposit.I recommend always double-checking the latest NJ statutes for any updates!

This statute provides that a landlord may not require a security deposit greater than one and one-half times the monthly rent for residential properties.

They are trying to delay paying you as long as possible, while also trying to stop you from terminating them.Recommend your response include the specific language in their contract they violated or any state statutes you can find regarding their fiduciary responsibilities as a state licensed PMC and/or RE Broker.