Legal Question in Real Estate Law in Florida

I just purchased a home and renovated it for rental. I own house in my own name. Then I created an LLC thinking I would put the house in the name of the LLC. But here in Florida, getting insurance is tough, and it will be very expensive to get insurance if I put the house in the name of the LLC. Will I have a terrible liability issue if I leave the house in my name? Or will I be covered with the insurance?

Thank you


Asked on 10/08/10, 1:53 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

If you purchase the proper insurance and operate it properly, you should be ok.

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Answered on 10/13/10, 7:09 pm


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