Can you sell a home in Snohomish or King County if it’s owned by an LLC or family trust?
Yes, you can sell a home owned by an LLC or family trust. The process is absolutely possible but requires the right legal documents, proper authority, clear communication between members or beneficiaries, and correct signatures. REALTOR® Marie‑Noelle Metseye helps sellers navigate these requirements to ensure the sale is smooth, compliant, and fully aligned with Washington real estate laws.
Selling a Home Held in an LLC
LLCs commonly hold investment properties, rentals, vacation homes, or multi‑owner real estate assets. Selling an LLC‑owned property is legal, but must follow Washington business regulations and the LLC’s Operating Agreement.
Key requirements include:
• Confirming who has signing authority for the LLC
• Reviewing the Operating Agreement for voting rules
• Providing official LLC documents to escrow and title
• Ensuring all members agree to the sale terms (if required)
• Using the correct deed and tax forms during closing
Marie‑Noelle coordinates with escrow, title, and tax professionals to ensure the transaction stays compliant and efficient.
Selling a Home Held in a Family Trust
Family trusts are common in estate planning, probate avoidance, and intergenerational wealth strategies. Selling a home held in a trust requires confirming that the trustee(s) have the authority to act on behalf of the trust.
Requirements may include:
• Reviewing the Trust Agreement to identify current trustees
• Providing the Certificate of Trust to escrow/title
• Ensuring all beneficiaries are notified if required by the trust
• Confirming whether the trust must be amended before sale
If a trustee has passed away or resigned, replacement documentation may be required. Marie‑Noelle helps sellers prepare the correct paperwork so no delays occur during closing.
What Buyers Need to Know
Buyers typically have no issue purchasing a property owned by an LLC or trust, but they will need verification that the person signing the contract is legally allowed to do so.
This helps prevent:
• Title issues
• Invalid contracts
• Closing delays due to missing signatures
Financing Considerations
Most homes held in trusts qualify for traditional financing as long as the trust structure meets lender guidelines. LLC‑owned homes may require additional steps, especially for owner‑occupied financing.
Common lender requirements:
• Buyers may need the home transferred out of the LLC for certain loan types
• Trusts must meet Fannie Mae/Freddie Mac rules for mortgage approval
• Cash buyers have fewer restrictions
Tax Considerations (Consult a Professional)
Selling a home held in an LLC or trust may have specific tax implications, such as capital gains treatment or estate tax considerations. Marie‑Noelle always recommends sellers consult a CPA or estate attorney to explore:
• Potential capital gains taxes
• Step‑up in basis rules for inherited property
• How sale proceeds flow through the trust or LLC
Step-by-Step Process for Selling a Home in an LLC or Trust
1. Gather governing documents (LLC Operating Agreement or Trust Agreement)
2. Identify who has legal authority to sign paperwork
3. Provide required documents to escrow and title companies
4. Determine tax implications with a CPA or attorney
5. List the property with Marie‑Noelle and implement a strategic marketing plan
6. Review offers and ensure all required signatures are included
7. Complete closing with proper legal documentation
Local Market Insight
Homes held in LLCs and trusts are extremely common throughout Snohomish and King County, especially in Seattle, Shoreline, Bothell, Everett, Lynnwood, and Bellevue. These homes sell every year, and buyers rarely shy away as long as the paperwork is clean and the property is priced properly.
Conclusion: Yes, You Can Sell a Home in an LLC or Trust, With the Right Guidance
With proper documentation and expert support, selling a home held in an LLC or trust is straightforward. REALTOR® Marie‑Noelle Metseye helps owners avoid legal pitfalls, coordinate signatures, and complete a smooth, compliant sale from start to finish.
If you’re preparing to sell a Snohomish or King County home held in a trust or LLC, reach out to Marie‑Noelle for expert guidance tailored to your situation.
