Jersey City New Jersey Assignment of Business License as Security for a Loan

State:
Multi-State
City:
Jersey City
Control #:
US-01467BG
Format:
Word; 
Rich Text
Instant download

Description

A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. Statutes frequently require that a person obtain a license before practicing certain professions such as law or medicine, or before carrying on a particular business such as that of a real estate broker or stock broker. If the license is required to protect the public from unqualified persons, an assignment of that license to secure a loan would probably not be enforceable.

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FAQ

Yes, indeed, Jersey City does come with a higher cost of living than most places. In fact, its cost of living index is 26% greater than the national average.

If you're looking for a hip, urban, yet more affordable place to live, Jersey City is likely the place for you. In contrast, if you'd like to enjoy the exciting nightlife, proximity to NYC, and overall young, hip vibe Hoboken may be your best bet.

Bidding wars and record high rents in New York are behind the price surge in Jersey City as well, with more renters looking for a reprieve across state lines. Deals can be found, with many units offering more space and coveted amenities like an in-unit washer and dryer.

Jersey City city, Hudson County, New Jersey.

Liberty Park | Safest neighborhood in Jersey City Liberty Park has the distinction of being the safest neighborhood in Jersey City. Its overall crime rate is 60% lower than the Jersey City average, and 67% below the national average.

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Jersey City New Jersey Assignment of Business License as Security for a Loan