Location: Arizona
Submitted 06/28/11 04:06 PM

Q. how would a corporation take title to a property

 

Answer #1
Submitted 05/23/12 01:59 PM
Emmary Simpson ChRC® Tierra Antigua Realty - Tucson AZ (Steinborn Referral Associates - Las Cruces, NM): Agent in Las Cruces, NM Emmary Simpson ChRC® Tierra Antigua Realty - Tucson AZ (Steinborn Referral Associates - Las Cruces, NM)
Agent
Las Cruces, NM

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A.

Your best bet is to find a Real Estate Attorney to answer your question. Taking title can be a tricky thing and real estate attorneys will be able to advise you much better

Answer #2
Submitted 05/23/12 02:13 PM
Richie Alan Naggar... People first, then business! (Richie Naggar Ran Right Realty Riverside, Ca): Broker Owner in Riverside, CA Richie Alan Naggar... People first, then business! (Richie Naggar Ran Right Realty Riverside, Ca)
Broker Owner
Riverside, CA

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A.

The way your CPA or Tax preparer tells you too

Answer #3
Submitted 05/24/12 03:37 PM
Jan Green, RE/MAX Excalibur,602-620-2699 , Scottsdale, AZ, EcoBroker CDPE SFR (Scottsdale, Phoenix, Cave Creek, Carefree, Fountain Hills): Agent in Scottsdale, AZ Jan Green, RE/MAX Excalibur,602-620-2699 , Scottsdale, AZ, EcoBroker CDPE SFR (Scottsdale, Phoenix, Cave Creek, Carefree, Fountain Hills)
Agent
Scottsdale, AZ

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A.

Great answers above.  There are many variables to taking title.  Best to seek expert advice of a real estate attorney!  Best of luck!

Answer #4
Submitted 05/24/12 03:52 PM
Judith Abbott (Coldwell Banker Residential): Agent in Dallas, TX Judith Abbott (Coldwell Banker Residential)
Agent
Dallas, TX

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A.

Corporations buy and sell real estate every day in every town across America.  It isn't all that tricky.  Corporations are legal "persons", just as an individual.  They have legal names just as you do.  That legal name is contained in the paperwork for the corporation.  Ask for guidence from one or more of the professionals standing around the transaction; your CPA or other tax advisor, your title company or the attorney for the title company.

Best Wishes!

Answer #5
Submitted 05/25/12 10:30 AM
Anna 'Banana' Kruchten - Phoenix Real Estate Broker,CRS 602-380-4886 (Phoenix Property Shoppe): Agent in Phoenix, AZ Anna 'Banana' Kruchten - Phoenix Real Estate Broker,CRS 602-380-4886 (Phoenix Property Shoppe)
Agent
Phoenix, AZ

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A.

They will normally take title in the legal name of the corporation. The title agent will work through this with you and it's also a good idea to discuss this with your corporations cpa and attorney.
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