Legal Question in Real Estate Law in Florida

Legally, what is the worst thing that can happen to me for transferring a deed of a rental property into an LLC without telling the bank that holds the property’s mortage? Is this fraud?


Asked on 8/04/17, 10:59 am

1 Answer from Attorneys
Barry Stein De Cardenas, Freixas, Stein & Zachary

Likely nothing unless it is a transfer to an entity that you don't own. If you own the llc than probably no problem. If you transferred ownership without notifying them there may be an acceleration clause.

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Answered on 8/04/17, 1:30 pm


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