Updated about 6 years ago on . Most recent reply
Landlord changing ownership of rental from personal name to LLC
I have several rentals and am going to begin changing ownership from my personal name to single member LLC for each single family rental. I am doing this for liability reasons. There are no mortgages and I already have the insurance under control by purchasing a separate umbrella liability policy . DO I need to notify the tenant of this and do they need the lease to reflect the new Landlord name?