I have purchased a property in Florida in 2014 as an LLC , i was advised to changed the entity to a trust.
last month, my attorney did registered it under a trust.
Is my title insurance transferable from the LLC to the trust. since i was the only member of the LLC and the only trustee on the trust.
thank you so much
I would check with your title insurance company regarding coverage applicable to a transferee entity (wholly owned). The coverage documents must be reviewed to answer your question.
You need to check your policy requirements and this also depends on the ownership of the LLC.
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