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by mashmac2 1773 days 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

2 comments

Since 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.

so why do these businesses have to own their land then? Just let them only lease it...
That 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.