Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The title examination shows that before Frank and Evelyn bought the property, it was owned by Image Properties LLC, a Massachusetts LLC, who sold the

The title examination shows that before Frank and Evelyn bought the property, it was owned by Image Properties LLC, a Massachusetts LLC, who sold the property to Frank and Evelyn in 2015. The Deed to Frank and Evelyn was signed by Jerome Kolman, as Manager of Image Properties, LLC. Which of the following is true?

a.

You should check the corporate database to confirm Jerome was an authorized signer for the LLC in 2015.

b.

The Grantor Clause of the Deed should reference Jerome Kolman, as the Manager of Image Properties LLC.

c.

The Deed is defective if it does not contain a release of homestead rights.

d.

If the database shows that Lilly Monroe was also a Manager and authorized signer, the Deed is defective because only Jerome signed it.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law A Contemporary Approach

Authors: Russell Weaver, John Burkoff, Catherine Hancock

4th Edition

1684679028, 978-1684679027

More Books

Students also viewed these Law questions