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Corporations, Partnerships and Limited Liability Companies

If you are taking title as an “Entity”, certain documents must be reviewed to insure that the organization has the authority to purchase and encumber real property. With respect to corporations, limited partnerships, LLCs and LLPs, a failure to properly register with the State Department of Assessments and Taxation (SDAT) may negate that authority until the entity is “in good standing” with the state. We will require verification as to who is authorized to execute documents on behalf of the organization, as well as a resolution authorizing the transaction. Click here for a list of documents for each type of entity.

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