Deed transferring question

Deed transferring question

Member since 2019 · 8 posts · 0 votes

I purchased an investment property out of state. I signed an agreement with a wholesaler who in turn hired a real estate agent (which I could have done myself but the wholesaler said he had a cash buyer, I digress). Any how the agent ended up sending me a seller's contract to sign so he could list the property and do his business. I signed it since I had gone that far already. My question is if I change the property to an LLC out of my name are those contracts still valid? Thanks in advance and I appreciate any clarity offered on this situation.

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  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    6y

    Yes, your liability remains the same. 

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