Q: Where is the Statement of Authority filed? county where the entity is formed or county where the property is located?
My lender is requiring a statement of authorization as my property is owned by my holding company which is a LLC which is wholly owned by myself. They want me to have a certificate of authorization recorded by the county. I don't know which county to file it with and also what this accomplishes as I am the owner of the LLC which owns the property. How does one associate the property to the certificate of authorization if necessary. In other words what is the recorder recording and how does one reference it? Also does the notary's county matter?
A: It's filed in the county where the property is located. It's the document that verifies that you have the authority to act on behalf of the LLC. Just because you own it does not automatically mean you have the authority to make decisions on behalf of the LLC. Notary's county does not matter.
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