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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Voluntary means I guess... Posted by Ward-CA- on June 14, 2010 at 12:54 AM In Reply to: Thank you Ward! posted by How would this ever be enforced - Upon transfer through escrow? on June 13, 2010 at 2:56 PM When there is a sale of an entity, or the control of an entity is transferred to someone else, the transaction isn't one that is usually escrowed nor involved with title insurance. So, for the most part, I guess such transfers would be on the shoulders of the participants to report. The reason is that the title to real property is not being changed...the entity that's in control of the property's title is what is being transferred to a different party. --------------Ward ======================= : How would this ever be enforced - Upon transfer through escrow? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : When there is a sale of an entity, or the control of an entity is transferred to someone else, the transaction isn't one that is usually escrowed nor involved with title insurance. : So, for the most part, I guess such transfers would be on the shoulders of the participants to report. : The reason is that the title to real property is not being changed...the entity that's in control of the property's title is what is being transferred to a different party. : --------------Ward : ======================= : : : How would this ever be enforced - Upon transfer through escrow? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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