Current Nevada Law: Subject to Verification
An LLC sells through its authorized representative, and the exact legal name of the entity, its formation state, its status, and its management structure all matter. This article is educational information, not legal advice. Always have a qualified attorney and title professional verify entity authority before signing.
Before Listing
Confirm:
- Exact entity name
- State of organization
- Active and status information as applicable
- Manager or member structure
- Who can sign
Common Problem
Property deed says: ABC Investment Holdings LLC.
Seller says: "That's my old company. I use ABC Investments now."
Important
Those may be two different legal entities. The exact entity name on the deed is the starting point, not the name you happen to use today.
Do Not Sign Personally If the LLC Is the Seller
The contract and closing documents need to properly identify the actual property owner and the authorized representative.
Multiple Members
If the operating agreement requires approval from multiple parties, get that resolved before accepting an offer.
How Lisa Helps
Lisa makes sure the listing and contract identify the seller correctly based on available title and entity information.
