Posted on: 28th Aug, 2009 09:03 pm
i am trying to get my deed transferred to my limited liability company and i am getting ALOT of drama from my lending institution. I am the sole member of the limited liability company and they said that they won't transfer from an owner to a corporation - it's a company not a corporation. What can I do?
Hi uyoungblood,
As far as I can understand, you would be able to transfer your deed to a limited liability company. I don't think you should face any problem. If your lender is not ready to negotiate with you, then you can contact an attorney and take his help in dealing with the lender.
As far as I can understand, you would be able to transfer your deed to a limited liability company. I don't think you should face any problem. If your lender is not ready to negotiate with you, then you can contact an attorney and take his help in dealing with the lender.
an llc is not a "limited liability company." it is a "limited liability corporation." that's why you are transferring it to begin with - so that your liability will be limited. and that's precisely why your lender is giving you "drama."
