Legal Question in Real Estate Law in Minnesota
real estate notes
Do you need to be licensed in the state of mn to refer notes to investors for sale?
Asked on 4/28/09, 12:20 pm
1 Answer from Attorneys
Maury Beaulier612.240.8005
Minnesota Lawyers
Re: real estate notes
It likely falls under the definition of a Mortgage originator under Minnesota Statutes sec. 58. It requires licensing as well numerous other requirements.
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Answered on 4/28/09, 1:10 pm