Legal Question in Real Estate Law in New York

Note assessments

I am currently setting up a Business / Web site for the assessment of Notes secured by Real Estate and other property,by private investors, for possible purchase. Is there any special licenses required for this, or do I file under LLC-sole proprietorship.


Asked on 5/31/07, 10:14 am

1 Answer from Attorneys
Johm Smith tom's

Re: Note assessments

We would need to know the details of your business plan to determine what if any licenses would be required. Your company can be an LLC and should be rather than a sole proprietorship simply to limit your personal liability. We can give you a legal opinion on this and related matters for a reasonable fee.

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Answered on 5/31/07, 10:39 am


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