Legal Question in Real Estate Law in California
Purchasing condo in California. Paying all-cash and want to hold title in name of family LLC. The escrow document received doesn't present that option but I want to ensure title is in the family LLC name before closing escrow
Asked on 5/16/22, 10:33 am
1 Answer from Attorneys
That's not really a legal issue so much as an escrow administration issue. I am guessing that the purchase agreement is in your name, not the LLC. So the escrow is going to prepare paperwork with you as the buyer, not the LLC unless told otherwise. Since you have no lender involved it should be quite simple to make the change. Your real estate agent should be able to handle it for you.
Answered on 5/16/22, 11:48 am
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