Sent out leases without putting my property into an LLC

[Afrothiti Manolis]

Hey all!

I plan to open up an LLC and transfer my property into it. I already sent the leases to my tenants where I don't mention my soon-to-be LLC. Is this an issue? I was going to set up a series next week (getting help from someone who isn't avail till next week.) Any issues with this? There are parts in the contract where it asks for Landlords or Authorized Management and I put my future LLC name but my legal name as person who can act on behalf of owner...

[Richard A.]

I'm not an attorney. But, from our experience so far, it should not be an issue. Just let the tenants know that you're assigning the property to the LLC, in writing of course. And, moving forward, the payments will be made to LLC.