Updated over 7 years ago on . Most recent reply
Lease Agreement with LLC or Personal Name?
Hello BP Family!
Question for all you pros out there. I currently have a property that I purchased with cash and it is in my LLC name. The property has a tenant and the lease agreement is between them and my LLC. However, I am considering doing a cash out refinance on this property which will require that the title be transferred to my personal name. If I do this, will I also need to redo the lease agreement with the tenant so that the lease is with the tenant and me as opposed to the LLC?
TIA