Question
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. |
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