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⚖️ State Wholesaling Legal Requirements

Legal Disclaimer: This guide is for informational purposes only and does not constitute legal advice; always consult with a qualified real estate attorney in the relevant state before engaging in any wholesale transaction. This data was generated by Gemini.

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State Wholesaling Legality (License Req.) Assignment of Contract Legality Double Closing Legality Disclosure Requirements Marketing Restrictions Licensed Partnership Workarounds
Alaska ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
Arizona ⚠️ Regulated (Unlicensed) ✅ Permitted ✅ Permitted 🔴 Mandatory: "wholesale buyer/seller" disclosure 📋 Must market contract 🚨 High Risk - Full Laws Apply
Arkansas ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
California ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Disclose intent to assign 🚫 Prohibited: Cannot market property ⚠️ High Risk
Colorado ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Disclose intent to assign 📋 Market contract, not property ⚠️ High Risk
Connecticut ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
Delaware ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
Florida ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Disclose equitable interest 🚫 Strict prohibition on property marketing ⚠️ High Risk
Georgia ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
Illinois 🚫 License Required (after 1 deal/yr) ⚠️ Legal only for licensees ✅ Permitted (unlicensed strategy) 📝 Must disclose profit/licensee status 🚫 Cannot publicly market property 🚨 Extremely High Risk
Indiana ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
Maryland ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 🔴 Mandatory: Assignment fee disclosure 📋 Market contract, not property ⚠️ High Risk
Massachusetts ✅ Permitted (Unlicensed) ✅ Permitted ✅ Permitted 📝 Recommended: Full transparency 📋 Market contract, not property ⚠️ High Risk
Oregon 🚫 License Required 🚫 Legal only for licensees ⚠️ Restricted 🔴 Mandatory: License disclosure 🚫 Strict enforcement 🚨 Extremely High Risk
Pennsylvania Permitted (Unlicensed) Permitted Permitted Recommended: Full transparency with all parties. Market the contract, not the property. JV with licensee; referral fees per state law.
Texas Regulated (Unlicensed) Permitted with restrictions Permitted Mandatory: Written wholesale disclosure Must market as wholesale opportunity JV with licensee; referral fees per state law.
Washington License Required Legal only for licensees Restricted Mandatory: License disclosure Strict enforcement Essential for legality
New York Permitted (Unlicensed) Permitted Permitted Recommended: Full transparency with all parties. Market the contract, not the property. JV with licensee; referral fees per state law.
Michigan Permitted (Unlicensed) Permitted Permitted Recommended: Full transparency with all parties. Market the contract, not the property. JV with licensee; referral fees per state law.

State Market Data