A piece of real estate, whether it is a Florida residential property or a Florida commercial property, can be purchased by different types of owners. These include individuals, multiple individuals, married couples, LLCs, corporations and other types of businesses.
If you are purchasing a property in Florida to rent out or to use for your business, then it may be a good idea to setup a Florida LLC or corporation in order to purchase the property. There are various advantages and disadvantages to doing so, and a Florida business attorney, such as Boyer Law Firm, P.L. will be able to explain these to you so that you can make an informed decision.
If you want to setup a business to purchase property in Florida, then it is very important that the company be properly registered to do business in Florida, as the name will be used in the real estate transaction and recorded on the Deed in the public records of Florida.
Here at Boyer Law Firm, we can assist you not only with ensuring that the company is properly registered, but we can also assist you in drafting the Operating Agreement for your company. This Operating Agreement will become a key factor in determining who can sign the closing documents for the company, responsibility for maintaining the property, selling the property, and more.
If you want to set up a business to purchase a property in Florida, then contact Boyer Law Firm, P.L. today.