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#991337 - 07/09/08 08:43 PM title in name of individiual v. dba name?
Carrie Offline
Member
Carrie
Joined: May 2002
Posts: 74
Pittsburgh, PA
A loan officer ordered a title in an individual's name (which is how the sales agreement for the property purchase reads); however, we were recently contacted by the borrower who now wants the title in a business name (sole proprietorship). Are there any legal issues with titling the property in the business name when the sales agreement is in the individual's name. We' are thinking not, but wanted to get another opinion(s). Thanks!

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#991353 - 07/09/08 08:49 PM Re: title in name of individiual v. dba name? Carrie
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
Is it a DBA? I've always been told that fictitious names (DBAs) cannot hold title.

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