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I would transfer to the LLC subject to the DOT and have the individuals execute an unconditional guarantee. </div>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com> on behalf of Mark Anderson <marka@mbaesq.com><br>
<b>Sent:</b> Wednesday, December 10, 2025 10:38:53 AM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBARP] Note & Deed of Trust Questions</font>
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<p class="x_MsoNormal"><span style="color:#002060">Dear All:</span></p>
<p class="x_MsoNormal"><span style="color:#002060">Purchaser (and individual) on a Seller-financed piece of property wants to transfer title to the property into Purchaser’s single member LLC. I represent Seller. The parties want to allow this to happen,
but I want to make sure that Seller is protected. Here are some questions I'm considering:</span></p>
<p class="x_MsoNormal" style="margin-left:.5in"><span style="color:#002060">Can the LLC be added on as a Maker to the Note by an amendment? Or should there be a new Note?</span></p>
<p class="x_MsoNormal" style="margin-left:.5in"><span style="color:#002060">Can the LLC be added on as a Grantor under the Deed of Trust by an amendment? I do not want to have the LLC just execute and record a new Deed of Trust because I do not want the Deed
of Trust to lose any priority.</span></p>
<p class="x_MsoNormal"><span style="color:#002060">Thanks in advance for any thoughts you might have on this process.</span></p>
<p class="x_MsoNormal" style="margin-bottom:12.0pt"><b><span style="color:#002060">Mark B. Anderson<br>
</span></b><span style="color:#002060">ANDERSON LAW FIRM PLLC<br>
821 Dock Street, Suite 209, PMB 4-12<br>
Tacoma, Washington 98402<br>
+1 253-327-1750<br>
+1 253-327-1751 (fax)<br>
<a href="mailto:marka@mbaesq.com"><span style="color:#002060">marka@mbaesq.com</span></a><br>
<a href="http://www.mbaesq.com/"><span style="color:#002060">www.mbaesq.com</span></a><b></b></span></p>
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