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Rashid Khalil
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88
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maintaining privacy in lease agreement

Rashid Khalil
Posted

when renting a property owned by LLC or a Trust (to maintain privacy), who will sign on behalf of the landlord, (manager or trustee). the signor will have to disclose their name (Me) which will blow the anonymity

I made my Trust sign a management agreement with My LLC but then when i signed as manager of LLC on lease that exposed me again

To me seems like the only way is to have 3rd third-party PM contracted which then signs the lease with Tenant, but that is a lot of money wasted every month   

any thoughts and ideas is appreciated 

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351
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Daniel Tanasa
  • Realtor
  • Houston, TX
174
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351
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Daniel Tanasa
  • Realtor
  • Houston, TX
Replied
Quote from @Rashid Khalil:

I made my Trust sign a management agreement with My LLC but then when i signed as manager of LLC on lease that exposed me again


 Hey Rashid, 

In the case where you created a separate LLC for managing the property, that doesn't hold any assets, that is the protection. If they go after that LLC, there is nothing to be gained. It doesn't matter that you're the manager for it.

At least to my understanding. I am not an attorney. 

Good luck!

  • Daniel Tanasa

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