Legal Question in Real Estate Law in Oregon
I started a company that completes short sales. When buying one of the homes from the lender, the lender wanted a person to buy the home instead of the LLC so it was purchased with my partners name. And since it was purchased with my partners name, it was also sold by my partners name. Is the company able to take credit for the purchase and sale since my partner is a managing member of the company?
Asked on 3/08/10, 7:59 pm
1 Answer from Attorneys
Daniel Meek
Daniel W. Meek
What exactly do you mean by "take credit for the purchase and sale." For what purpose?
Answered on 3/14/10, 9:01 am