Legal Question in Real Estate Law in Ohio
Transferring real estate from a Corp. to an LLP
If a corporation holds real estate can that real estate be transferred to an existing LLP? The purpose is to dissolve the corp. and place all of its assets into an existing LLP.
The existing LLP consist of real estate assets also.
Asked on 10/21/05, 2:04 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Transferring real estate from a Corp. to an LLP
Yes, assuming that there is an existing corporate resolution permitting it, and a proper corporate officer executes the deed.
Answered on 10/24/05, 3:00 pm