Legal Question in Real Estate Law in Iowa
private raffle sale of a house
Can I raffle my home for its value and the cost of legal services and accounting fees? I would like to do this over the internet. What requirements would I have to meet to be legal? Thanks
Asked on 1/19/04, 1:51 pm
1 Answer from Attorneys
Gerald Hershenson
Law Office of Gerald M. Hershenson
Re: private raffle sale of a house
Several jurisdictions have held that this is an illegal lottery. I suggest you check with your local district attorney or consult with legal counsel. I am not authorized to practice law in your jurisdiction, only Pennsylvania. It is illegal in Pennsylvania. Gerald Hershenson 215-579-9390
Answered on 1/19/04, 2:19 pm