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Businesses don't have one owner. Think about all of the properties that a company like Apple owns. Now, if you're specifically referring to residential propert
by mashmac2 5y ago
Businesses don't have one owner. Think about all of the properties that a company like Apple owns.
Now, if you're specifically referring to residential properties, maybe.... although there are lots of mixed-use properties, and ownership of land can be separate from the house that's on it, etc
- fock 5y agoso why do these businesses have to own their land then? Just let them only lease it...
- kube-system 5y agoThat might "solve" the Apple scenario but it's hardly universal. Many businesses lien or deal in land. For instance, mortgages as we know them would not exist without liens.
- HWR_14 5y agoSince he said "non-LLC owner", it pretty clearly is trying to tie ownership to a single (or married) real person owner. They probably intended to limit this to residential properties.