If you are a realtor or a real estate investor

If you are a realtor or a real estate investor looking to become independent from your current employer, you may be wondering if starting a Real Estate LLC company is right for you.? You may know of other colleagues who have gone this route, and some who haven't, MBT Chapa GTX,and may ask what the difference is between this type of company and just working with an Assumed Name certificate.? Let's see what a Real Estate LLC really is and how it's different from a corporation and then perhaps you can make the best decision from there.

Note first of all that LLC stands for Limited Liability Company, and as the name implies, it limits the liability of the owner or owners of the company.? A LLC would then allow for more than one MBT Lami, person to become owners of that company without having to form a joint partnership and without one being the sole owner or proprietor of the business.? Because of the potential liabilities with real estate, an LLC may be the best option for those in the industry.? While such things as title insurance and appraisals from outside sources protect a realtor from what is called errors and omissions, there are still times when he or she may be liable for what a home buyer perceives as inaccurate information or even downright misrepresentation.? While it's very rare for a realtor to be sued by a home buyer, it does happen in certain circumstances.? By forming a Limited Liability Company you are giving yourself and your company an added layer of protection above and beyond your MBT Tunisha, Errors and Omissions Insurance.