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Updated over 11 years ago on . Most recent reply

Jason Walkowicz's profile image
Jason Walkowicz's profile image
Jason Walkowicz
  • Real Estate Investor
  • from Jackson, Michigan
  • Member since Apr 12, 2013
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Jason Walkowicz's profile image
Jason Walkowicz's profile image
Jason Walkowicz
  • Real Estate Investor
  • from Jackson, Michigan
  • Member since Apr 12, 2013
Connect
Jason Walkowicz
  • Real Estate Investor
  • Jackson, MI
2
Votes |
77
Posts
Buying & Selling Real Estate

Insurance and Joint Venture Deals

Jason Walkowicz
  • Real Estate Investor
  • Jackson, MI
Posted

I have a Joint Venture agreement between my LLC and an individual for a rental property that we are acquiring. It is outlined in the JV agreement that the property will be held in the name of my LLC.

My insurance man is telling me that my JV partner can't be listed on the insurance because according to him he has no equitable interest in the property?

How are you guys handling this scenario when insuring your joint venture acquired properties.

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