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Updated about 10 years ago on . Most recent reply

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Blake Reynolds
  • Salt Lake City, UT
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Using an LLC with Purchase Agreements

Blake Reynolds
  • Salt Lake City, UT
Posted

If I am operating under an LLC and I am trying to get property's under contract to then either assign or use some other strategy do I put down my LLC as the name of the Purchaser in the agreement.

I would assume so since that kind of seems to be the point of creating an entity. Are there any instances in this where you would have to include your actual name? For instance would I put my LLC as the purchaser but then would I have to include my own name for reference sake or is the LLC all that needs to be listed on the agreement?

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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

Yes, your entity is the purchaser.  Sign the contract as member or pres or whatever your title is.

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