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rental homes, llc, is a limited liability company owned by sue jones. sue is the sole manager of the llc. the llc owns a residence. sue desires to sell this residence to barack. in order for the llc to properly transfer title to barack, how should the deed be signed?

Sagot :

Rental Homes, LLC, Sue Jones, Manager in this order for the llc to properly transfer title to barack, and the deed be signed.

What is Ownership of land ?

When land is owned by a person, that person is said to "hold" the property according to common law systems. It establishes who may use the land, how long they may use it for, and on what terms. Tenure may be determined by both formal laws and regulations and unwritten practices. In other words, the term "land tenure system" refers to a system in which the owner of the land—or the real tiller—holds title to the land. It establishes the rights and obligations of the owner in relation to their ownership.

Not the relationship between the tenant and the land, tenure denotes the relationship between the tenant and the lord. Numerous distinct types of land ownership, or methods to own property, have been formed throughout history.

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