JoeNewbie 0 Report post Posted September 17, 2011 Would it be better to sign the lease, option, and CA agreement in my LLC name? I have a few people working with me who would be signing contracts in the name of the company as well. Thanks,JoeN00B Share this post Link to post Share on other sites
MichaelC 160 Report post Posted September 17, 2011 If you already have an LLC setup, there's no reason not to use it. Share this post Link to post Share on other sites
pilot76180 51 Report post Posted September 17, 2011 Who are these other people and what is their affiliation with the LLC? Share this post Link to post Share on other sites
JoeNewbie 0 Report post Posted September 17, 2011 Who are these other people and what is their affiliation with the LLC? Both of my parents are the other members. They have way more experience in the RE field. Mom is a loan officer and did SLOs back 10 years ago and Dad is a realtor. I am a 20 year old college student who majors in Business and will be partnering with them to use their experience and grow something I can move into full time after school. I just did not want them signing in their names and not the LLC. Thanks for your help!Joe N00B Share this post Link to post Share on other sites
pilot76180 51 Report post Posted September 17, 2011 Awesome!If they are members then they would sign:Tenant/Optionee: N00b Properties, LLCBy: N00b's MomTitle: MemberIf your dad signs, he would need to disclose that he is an agent but not representing the seller or Assignee, assuming these are CA's. Share this post Link to post Share on other sites
JoeNewbie 0 Report post Posted September 17, 2011 Awesome!If they are members then they would sign:Tenant/Optionee: N00b Properties, LLCBy: N00b's MomTitle: MemberIf your dad signs, he would need to disclose that he is an agent but not representing the seller or Assignee, assuming these are CA's. Thank You Pilot for your wisdom! And yes these will be CA's. Also, thanks MC! Share this post Link to post Share on other sites
