How to transfer loan from individual to LLC

[Sharad Bagri]

If we purchase a property with a a loan on an individual name and then transfer to LLC. How does the transfer work?

The doubts we have are

1) There is a due on sale clause or something that doesn't allow the loan to be transferred to an LLC? How seriously is it enforced

2) Who will do the transfer, do we have to tell to the lender or the bank? or someone else like CPA etc. should initiate the process?