Investor · New Braunfels, TX · Member since 2016 · 1 post · 0 votes
I am trying to get my first flip property on the market tomorrow. My agent sent me everything in docusign which automatically defaults the signatures to my personal name. I have an LLC setup and that is actually in the listing agreement as the seller. The question is, shouldn't the disclosures be signed as my name then on behalf of my LLC, as member/manager? The agent claims that investors don't sign with their LLC's at all, just their personal name. Can an investor please let me know how they sign the property disclosures and lead based paint disclosure. I am certainly not trying to hide anything but certainly don't want to put myself at risk either!
Real Estate Agent · Chandler, AZ · Member since 2016 · 53 posts · 34 votes
9y
I think you are safe to trust your agent. You're not putting anything at risk here, and the title transfer will take care of the rest. However, you are the one authorized to sign on behalf of your LLC, so its always your name on the line. Been through this a few times as an investor and as an agent. Don't lose sleep on it. Sell your house and make your profit! (Make sure your SPDS are perfect, and disclose everything you can think of. It's your best protection anyway.)