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For liability purposes can we put the title of our home in the name of our Limited Liability Corporation?
Wiki User
∙ 14y ago
Consult with an attorney before doing anything like this with your personal residence. At the very least it removes you from being able to do things with the home that you would normally be capable of, as the resident owners, It subjects the home to the rules of corporate law as spelled ou in your state's statutes governing corporations.
Wiki User
∙ 14y ago
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What type of business has limited liability?
An LLC (Limited Liability Corporation).
Is exxonMobil a limited liability corporation?
Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.
Is Target Corporation a limited liability corporation?
No
What is a ltd corporation a c corporation or s corporation?
LTD stands for Limited Liability. Either type of corporation would qualify in that the owners' liability is limited.
What litigation rules apply to a limited liability corporation in California?
California Limited Liability Company Act (“LLC Act”) apply to limited liability corporation. Visit www.corp.ca.gov for more details.
What does llc stand for?
LLC = Limited Liability Company It is sometimes mistakenly referred to as a Limited Liability Corporation. However, an LLC can file taxes as either a Discarded Entity, a Corporation or a Partnership.
What type of corporation is Harpo Inc?
limited liability corporation
A business that enjoys limited liability is?
Corporation
What is a WLL company and what does that stand for?
A "WLL" company is a type of limited-liability corporation, where WLL stands for "With Limited Liability." The rules for a WLL vary by country. In the US, the LLC ("Limited Liability Corporation") business type is similar.
Examples of a corporation?
general corporation Close corporation Limited Liability Corporation
What does PLLC stand for after an attorneys name?
PLLC stands for Professional Limited Liability Company. It indicates that the attorney practices law through a limited liability company structure, meaning the attorney's personal assets are protected in case of legal claims against the business.
Which of these is a major advantage of a corporation?
Limited liability is a major advantage of a corporation.
