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Who pays for owner’s title insurance in Florida? the seller In Florida, the party responsible for handling the cost of title insurance varies from one county to another, and it can often be negotiated in the contract. Typically, the seller will pay for the title insurance in the state of Florida, with the exception of … Read more
Can an out of state LLC own property in Texas? Can I register my out-of-state series LLC to transact business in Texas? Yes. A series LLC formed under the laws of another jurisdiction will be treated as a single legal entity for qualification purposes. Read more on www.sos.state.tx.us There is a large number of out-of-state … Read more
Can a Florida LLC own property in another state? Yes, but owning and operating property in a state other than the one it was organized in may constitute “”doing business”” in the state where the property is located and require the LLC to register (“”qualify””) as a foreign LLC in that state. Read more on … Read more
What is the tenant fee ban? From , when the Tenant Fees Act comes into effect, it’s illegal for a letting agent to charge you fees when you rent a new property, or renew your tenancy. As part of the new legislation, deposits are also capped, reducing the amount that renters need to pay up … Read more
What is a guarantee of title? A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent … Read more
Can I transfer ownership of my house to a company? When you transfer your rental properties to a company they will then belong to your company and you will no longer own them personally. You would probably need to pay off the existing personal mortgages and take out new commercial ones so that your company … Read more
What is a series LLC in NY? Basically, a series LLC is an LLC that may create one or more series, each generally having separate assets and liabilities, similar to having separate entities except without the expense and administrative burden of multiple entities. Read more on www.nyventurehub.com Many states in the US recognize the special … Read more
Do leases need to be notarized in California? No, lease agreements do not need to be notarized in California. As long as the criteria for a legally binding lease are met, it is not required to have the lease notarized. A tenant and landlord can agree to have the lease notarized if they wish, but … Read more
Phoenix, Arizona is home to the opulent Arizona Grand Resort. There are many attractions available there, such as a water park, golf course, and fitness center. California-based real estate investment company Grossman Company Properties is the resort’s owner. Grossman paid $158 million for the property in 2015. The Covana automated hot tub cover is a … Read more