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Updated 9 months ago, 03/25/2024
Dissolved LLC owner property purchase confusion
Hello all. We're trying to close on a seller financed mixed use building. However, it came out kind of late in the game that the property is not actually owned by the seller. It's owned by a dissolved LLC in care of him. His ex-wife was the former registered agent and is now out of the picture and no longer involved in the property except on old documents.
We’re not sure of this deal is going to be able to close without our seller as the official owner, but there seems to be no other option. Any ideas on how we can save this deal?