#1 ·
So,
what happens if the director and owner of an LLC—which is listed as the official owner—passes away right after a purchase agreement has been signed?
Basically, the Company (acting as the seller) committed to issuing the deed once the payment was finalized.
The price has already been paid.
However, the director passed away.
The probate process hasn't even finished yet...
In this situation, who actually has the authority to issue the deed?
Thanks.
what happens if the director and owner of an LLC—which is listed as the official owner—passes away right after a purchase agreement has been signed?
Basically, the Company (acting as the seller) committed to issuing the deed once the payment was finalized.
The price has already been paid.
However, the director passed away.
The probate process hasn't even finished yet...
In this situation, who actually has the authority to issue the deed?
Thanks.