Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Stephen Harlan

Stephen Harlan has started 0 posts and replied 1 times.

Post: How to navigate purchasing property from a dissolved LLC or INC

Stephen HarlanPosted
  • Real Estate Attorney
  • Atlanta, GA
  • Posts 1
  • Votes 2

In Georgia, a corporate or LLC entity cannot be reinstated after it has been dissolved for over 5 years. Unfortunately, a simple reinstatement isn't going to work here.

Assuming that the dissolution was administrative in nature, the company continues its corporate existence but can only carry on business necessary to liquidate and wind up the company's affairs. Conveying property titled in the corporate name would almost certainly qualify as winding up. There is a process, though. Georgia Code Cite Here!

We've handled a number of closings from dissolved companies. While they may take more work than most, they're certainly do-able.