States cracking down on NROC - Posted by Bob Hagan

Posted by William Bronchick on January 18, 2005 at 16:52:26:

I don’t think it will be overturned. Whenever it comes to a state’s
“police powers” (helping protect the public), the government need only
show that there is a “rational relationship” between the law and its
intended results.

States cracking down on NROC - Posted by Bob Hagan

Posted by Bob Hagan on January 15, 2005 at 08:58:35:

I have read that many states are trying to regulate and/or outlaw NROC on lease options. Anyone have any facts? This is an integral part of my business

Re: States cracking down on NROC - Posted by Bill Bronchick

Posted by Bill Bronchick on January 17, 2005 at 10:45:33:

Only one CITY (not state) I am aware of, that is Cincinatti.

Re: States cracking down on NROC - Posted by chet

Posted by chet on January 15, 2005 at 21:11:03:

what’s nroc?

Re: States cracking down on NROC - Posted by chet

Posted by chet on January 17, 2005 at 20:30:38:

did you hear what their rational for this was?

Re: States cracking down on NROC - Posted by Bob Hagan

Posted by Bob Hagan on January 15, 2005 at 22:00:58:

Non Refundable Option Consideration

Re: States cracking down on NROC - Posted by William Bronchick

Posted by William Bronchick on January 18, 2005 at 08:07:02:

Low IQ

Re: States cracking down on NROC - Posted by chet

Posted by chet on January 17, 2005 at 01:12:35:

There was a zillion hits on google, but then I found it.

Does anyone know if there a way to kill a post?

Re: States cracking down on NROC - Posted by JohnBoy

Posted by JohnBoy on January 18, 2005 at 16:18:26:

Good one!

So how long before you figure this would get ruled unconstitutional and wouldn’t hold up in court as being enforceable?