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Updated about 8 years ago on . Most recent reply

User Stats

47
Posts
3
Votes
Harri Smith
  • Walnut Creek, CA
3
Votes |
47
Posts

Land owner and home builder

Harri Smith
  • Walnut Creek, CA
Posted

Hi

We are contemplating buying a plot of land and have a builder who wants to build a house, and sell it and split the profit. In this case ownership is two of us who have an LLC and other is solo and is a builder. So land ownership would be on our name but house will be build by someone. What are our risks as land owners? Thanks.

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