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Insuring Homes Owned by LLCs

An insured's accountant set up an LLC transferring ownership of his home to his three children as LLC members who now rent the home under a triple net lease to the insured requiring him to insure it. The insured currently has an HO policy in his name. Is there a problem?

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​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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