A 4377
Requires limited liability company to disclose certain information when recording deed concerning residential rental property.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires limited liability companies (LLCs) and foreign LLCs to disclose information about their registered agent when transferring residential rental property. Specifically, when recording a deed, the LLC must provide an affidavit with the registered agent’s name and business address, or the name and address of at least one member if the registered agent is not a member. This aims to increase transparency in real estate transactions involving rental properties.
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Primary sponsor
Alex Sauickie
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