Legal Question in Real Estate Law in New Jersey

Is real estate lease option investing legal in NJ?


Asked on 8/03/12, 1:48 pm

1 Answer from Attorneys

Miriam Jacobson Retired from practice of law

What even is that? If someone's trying to sell such an "investment" to you, it sounds very fishy. If you have a trusted professional investment advisor, ask her/him.

Before you go into anything like that, consult with a lawyer. A lawyer would need more information than just a "lease option investment" and would certainly want to see any documents advertising or offering such an investment.

THIS RESPONSE IS NOT LEGAL ADVICE, SINCE I DO NOT HAVE ALL OF THE INFORMATION THAT WOULD BE REQUIRED, AND I DO NOT HAVE A REPRESENTATION AGREEMENT WITH YOU.

* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.

* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.

Read more
Answered on 8/03/12, 2:20 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in New Jersey