WHOLESALING BY STATE
Wholesaling rules in all 50 states and D.C.
Wholesaling is legal in most of the U.S., but 14 states now have statutes, regulations or commission guidance aimed at it, and closing and disclosure rules differ everywhere. Pick a state for what DealRivet’s contract research found, with links to the official sources. Research snapshot: September 29, 2026. General information, not legal advice.
States with wholesaling-specific rules
These states have statutes, regulations or commission guidance aimed at wholesaling: disclosures, cancellation rights, licensing or registration.
- ArizonaWritten wholesale disclosures
- ArkansasAttorney-approved forms for licensees
- IllinoisRepeated transactions can require licensing
- IowaLicensed broker involvement
- LouisianaCancellation notice and 1% deposit
- Missouri14-day advance signed disclosure
- NebraskaEquitable-interest marketing can require licensing
- OhioSeparate signed disclosure
- OklahomaDisclosure and cancellation form
- OregonRegistration or qualifying license
- PennsylvaniaLicense and 30-day cancellation rights
- South CarolinaProperty marketing restricted
- TennesseeAssignment notices
- UtahBrokerage and principal status review
Every state
| State | Wholesaling review | Closing |
|---|---|---|
| Alabama | Transaction-specific licensing review | Confirm the local closing arrangement |
| Alaska | Transaction-specific licensing review | Confirm the local closing arrangement |
| Arizona | Written wholesale disclosures | Confirm the local closing arrangement |
| Arkansas | Attorney-approved forms for licensees | Confirm the local closing arrangement |
| California | Transaction-specific licensing review | Confirm the local closing arrangement |
| Colorado | Transaction-specific licensing review | Confirm the local closing arrangement |
| Connecticut | Transaction-specific licensing review | Attorney closing required |
| Delaware | Transaction-specific licensing review | Attorney participation in settlement |
| District of Columbia | Transaction-specific licensing review | Confirm the local closing arrangement |
| Florida | Transaction-specific licensing review | Confirm the local closing arrangement |
| Georgia | Transaction-specific licensing review | Georgia attorney controls the closing |
| Hawaii | Transaction-specific licensing review | Confirm the local closing arrangement |
| Idaho | Transaction-specific licensing review | Confirm the local closing arrangement |
| Illinois | Repeated transactions can require licensing | Confirm the local closing arrangement |
| Indiana | Transaction-specific licensing review | Confirm the local closing arrangement |
| Iowa | Licensed broker involvement | Confirm the local closing arrangement |
| Kansas | Transaction-specific licensing review | Confirm the local closing arrangement |
| Kentucky | Transaction-specific licensing review | Confirm the local closing arrangement |
| Louisiana | Cancellation notice and 1% deposit | Confirm the local closing arrangement |
| Maine | Transaction-specific licensing review | Confirm the local closing arrangement |
| Maryland | Transaction-specific licensing review | Confirm the local closing arrangement |
| Massachusetts | Transaction-specific licensing review | Substantive attorney participation |
| Michigan | Transaction-specific licensing review | Confirm the local closing arrangement |
| Minnesota | Transaction-specific licensing review | Confirm the local closing arrangement |
| Mississippi | Transaction-specific licensing review | Confirm the local closing arrangement |
| Missouri | 14-day advance signed disclosure | Confirm the local closing arrangement |
| Montana | Transaction-specific licensing review | Confirm the local closing arrangement |
| Nebraska | Equitable-interest marketing can require licensing | Confirm the local closing arrangement |
| Nevada | Transaction-specific licensing review | Confirm the local closing arrangement |
| New Hampshire | Transaction-specific licensing review | Confirm the local closing arrangement |
| New Jersey | Transaction-specific licensing review | Confirm the local closing arrangement |
| New Mexico | Transaction-specific licensing review | Confirm the local closing arrangement |
| New York | Transaction-specific licensing review | Confirm the local closing arrangement |
| North Carolina | Transaction-specific licensing review | Attorney handles reserved legal work |
| North Dakota | Transaction-specific licensing review | Confirm the local closing arrangement |
| Ohio | Separate signed disclosure | Confirm the local closing arrangement |
| Oklahoma | Disclosure and cancellation form | Confirm the local closing arrangement |
| Oregon | Registration or qualifying license | Confirm the local closing arrangement |
| Pennsylvania | License and 30-day cancellation rights | Confirm the local closing arrangement |
| Rhode Island | Transaction-specific licensing review | Nonattorney closing notice where applicable |
| South Carolina | Property marketing restricted | Attorney supervision of closing legal work |
| South Dakota | Transaction-specific licensing review | Confirm the local closing arrangement |
| Tennessee | Assignment notices | Confirm the local closing arrangement |
| Texas | Transaction-specific licensing review | Confirm the local closing arrangement |
| Utah | Brokerage and principal status review | Confirm the local closing arrangement |
| Vermont | Transaction-specific licensing review | Confirm the local closing arrangement |
| Virginia | Transaction-specific licensing review | Authorized settlement agent; attorney legal work |
| Washington | Transaction-specific licensing review | Confirm the local closing arrangement |
| West Virginia | Transaction-specific licensing review | Attorney handles closing legal work |
| Wisconsin | Transaction-specific licensing review | Confirm the local closing arrangement |
| Wyoming | Transaction-specific licensing review | Confirm the local closing arrangement |