Legal Question in Real Estate Law in Hawaii
if I have rental property in california, and that property is held in a hawaii LLC, do I have liability coverage?
Asked on 3/04/13, 4:24 pm
1 Answer from Attorneys
Jon Zahaby
Tour bus, scenic and sightseeing, operation
Yes. Somewhat. It depends on whether or not the LLC is properly formed and maintained. Also, Hawaii does not have the most favorable legislation for LLCs in the country. Therefore, the asset protection is limited as compared to other States. Thank you, Jon A. Zahaby, Esq.
Answered on 3/04/13, 5:24 pm
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