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Updated almost 5 years ago,
LLC Required to Provide Member IDs for Real Estate Purchase? - OH
Can a title company (attorney) require the photo ID and contact info for all managing members of an LLC when purchasing a property in Ohio?
Foreign (NV) LLC that is registered in Ohio. The property being purchased is in Ohio. We purchase several homes per month and have never been required to provide the managing member's private information before. Really, it's just a big hassle and there are multiple managing members that are going to complain about having to do this, when it was never required before in any state we do business in.
We have a Corporate Resolution that names me as an authorized signer for the purchase of real estate. I have provided title with my own ID. I told them there is no legal requirement for me to provide the ID and contact information for all of the managing members of the LLC, and their response was basically, "where is your law degree?" Then proceeded to tell me that I must provide the IDs simply because they requested it.
Can I "legally" refuse to provide any managing member personal information? Would I have recourse if title tried to cancel the transaction over it? I'd love to see a link to the actual laws, but I can't find anything that talks about IDs/private information of the LLC members.