All Forum Posts by: Edward Beard

A little Background

I formed my LLC in the state of VA, where I live (YC Enterprises, LLC). Since I currently own two rental properties in Jackson, MS, I had register my LLC in the state of MS. However, the name was taken so I had to provide an alias (YC Enterprises Southeast, LLC). I recently had the two properties "Quit Claimed" to my LLC under the name YC Enterprises, LLC.

My question is should I have "quit claimed" the properties under the legal name or the alias or does it matter?

Side Note: If you do a search on the Mississippi secretary of state website, BOTH names are shown.

I have just sent out a LOI (Letter of Intent) to a seller for a potential deal. The seller wants me to draw up the contract for the owner financing. I was looking for an example document. AND does the contract have to be state specific? This property is located in Georgia.

Thanks in advance