Q: A C corporation formed in WA State has one employee in TN State who works remotely from his home. The business has
purchased some investment properties in TN. These are single family homes that are never rented. They are purchased, held for less than a year and then sold after some repairs. The properties are all bought and sold through independent real estate agents. Does the business need to register as a foreign corporation in TN?
A: I would recommend registering with the Secretary of State. At some point the corporation will need to sue someone, and then it will be important that standing issues are not existent. If title or lien problems come up, it will also help that the corporation has a legal presence here.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.