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Updated about 1 year ago on . Most recent reply

User Stats

12
Posts
5
Votes
Richard Tyler
  • Los Angeles, CA
5
Votes |
12
Posts

changing title from my personal name into my single-member LLC

Richard Tyler
  • Los Angeles, CA
Posted

I recently bought a rental property under my personal name. I'm the only person on title. Now, I would like to change the title on this property from my personal name into a single-member LLC which I own 100%. On the contract with the previous seller, I have 3 years to file a lawsuit / take actions against the seller if there was any misrepresentation on the deal that comes up within the 3 years after I purchase the property. But if I were to change title of this rental property from my name into my single-member LLC, will this void that 3 year limitation or any agreement I had with that seller?

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