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City and county government typicaly hold the deeds. If an anonymous LLC is being problematic just have them send a letter "Pay fine within 30 days or we sell yo
by yardie 7y ago
City and county government typicaly hold the deeds. If an anonymous LLC is being problematic just have them send a letter "Pay fine within 30 days or we sell your property on the courthouse steps." I prefer to know my neighbors but I also understand why some owners would want to stay anonymous. But being anonymous should not allow you to be an asshole as well.
- pixl97 7y agoRisky for a politician. You never know when that LLC is part of a consortium that also funds your reelection.
- paulryanrogers 7y agoThanks for the reminder that the US (still) desperately needs campaign finance reform.
- quantified 7y agoBeyond risk: they absolutely know how much money can come from real estate industry groups and benefitting themselves, and how little from opposing it.
- CPLX 7y agoThere’s really no axiomatic reason why the LLC has to be anonymous in the first place. The whole concept of an LLC is a construct, a fictional entity intended to take the place of a person before the law. It is fundamentally a state created thing, there’s no issue of rights or natural law at stake here. It’s a privilege. The usual goals stated for allowing corporations to exist at all are shared ownership and limited liability, to enable productive and speculative enterprise. A single person who wants to hide within that structure doesn’t have any special claim on that right, unless they can demonstrate why the state should allow it, an argument that has to be made on the grounds of increased social good. If we want anonymous property ownership we should legislate it. We don’t, real estate transactions are usually public.