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What does Corporate Owned mean?
What does Corporate Owned mean?
Updated over 2 weeks ago

Question: What does "Corporate Owned" mean in property ownership?

Answer:

"Corporate Owned" means a property is owned by a business entity (like an LLC or Corporation) rather than an individual. People can own properties either personally, under their own names, or through a separate business entity they've formed.

Key points about Corporate Ownership:

  • Usually involves a Limited Liability Company (LLC), Corporation, or another business structure.

  • Often used to provide legal protection or for tax and financial reasons.

  • Commonly labeled as "Corporate Owned" in property records or listings.

Example:

  • If a property is listed as "Corporate Owned," it means a business such as Main Street Holdings LLC owns the property, not a private individual.

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