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Updated about 5 years ago on . Most recent reply
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I bought a NY rental with Arizona LLC, now told that i cant evict
Property is owned by an Arizona LLC, property is in NY. I need to evict a tenant, now am told by attorney that i cannot do legal proceeding with an arizona LLC owning that property. Experts on this matter, please help.. I need to evict a tenant..
thx
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Originally posted by @Shamsul Chowdhury:
Hi,
How about if i just Quit claim deed the property into my personal name. I live in arizona, if the property over there is owned by my, can i move forward with the eviction?
I will re deed it to the NY LLC later, for now i just want to get the tenant evicted..
thx
First of all, avoid quit claim but use warranty deed instead to avoid loosing your title insurance.
Second, if your lease agreement with your tenant was between him and your LLC, then your LLC is the one needing to evict unless you can have him sign the amendment to the lease changing the landlord.