Updated 4 months ago on . Most recent reply
Who should be primary named insured?
Hello,
in a land trust structure with an LLC trustee and beneficial owner (where you are the grantor of the land trust and 100% owner of the LLC), and the property was deeded to the land trust with the llc named on the deed as trustee. When it comes to landlord insurance who should be listed as the primary named insured? The land trust or the llc? The other would still be listed as additional named insured. Or does it not matter as long as both are listed as either primary names insured and additional?
Thank you in advance !
James Kim