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Updated almost 3 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Jean Castillo
  • Rental Property Investor
  • baltimore, md
1
Votes |
8
Posts

Do I sign as a LLC or my name?

Jean Castillo
  • Rental Property Investor
  • baltimore, md
Posted

Hi,

This might be a dumb question... I have a general question regarding buying a property using an LLC. I will be closing a cash offer deal with a wholeseller and this is my first time purchasing a property using my LLC. For the signature block, shall I sign using my personal name/signature or should I sign as the LLC? The property will be under the LLC name. I'm not sure if it really makes a difference since the LLC is tied to my name (sole proprietor).

I asked around and received mixed answers. The contract states that the Assignee/Buyer is the LLC.

Thanks in advance.

Most Popular Reply

User Stats

220
Posts
83
Votes
Megan Templeton
  • Attorney
  • Birmingham, AL
83
Votes |
220
Posts
Megan Templeton
  • Attorney
  • Birmingham, AL
Replied

You will sign on behalf of the LLC. For example, if you are the manager of the LLC, your signature line would be as follows: "[Your Name], Manager of X LLLC". The LLC is ultimately listed but you are listed with a designation of why you have authority to sign (i.e. manager, owner, etc)

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