Legal Question in Real Estate Law in Utah
Is A License Required In Utah To Be A Note Finder?
I recently got involved in the cash flow business. I will be acting as a Note Finder of Seller-Financed Real Estate Notes. I act only as a Note Finder who finds people who want to sell their Notes and then hook those people up with Investors who want to buy that Note. I will never be actually buying or selling any Notes. I get a commission from the Investors for finding them the deal. Do I have to be licensed to do this? Thank you.
Asked on 12/11/06, 1:31 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: Is A License Required In Utah To Be A Note Finder?
Maybe. Call the Utah Department of Occupation and Professional Licensing.
Answered on 12/11/06, 11:04 am