Legal Question in Real Estate Law in Arizona
How do I sell my residential property held under my wife's and my name to an LLC that I own?
Asked on 11/01/12, 11:19 am
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
You convey the property by deed to the LLC and the LLC pays you the purchase price.
It may pay you cash or it may pay you in equity or it may give you a promissory note and pay in installments.
Answered on 11/01/12, 1:36 pm