I have 2 separate entities purchasing a large office complex. (1) of the entities is an LLC holding 60% interest in the new building to be insured, the 2nd LLC holds 40%.
Do I insure this in the name of the LLC holding 60% of the debt on the new building...or both? How do you handle this commercial guys?
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Do I insure this in the name of the LLC holding 60% of the debt on the new building...or both? How do you handle this commercial guys?
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