I bought 5 pieces of property all under one loan. The purchase contract listed myself individually as the buyer but the title company conveyed title to my LLC. When I asked why this happened I was told that it was simple human error
But, as Drew points out, you signed the documents at closing which could mean that you accepted the transfer of title to the LLC.
When I asked them to correct it I was told that a claims investigation has been opened and they are looking into the issue to see if a correction deed can be performed. What is the need for an investigation?
1 - They want to cover their butts.
2 - As I pointed out earlier, they will need the lenders consent to change the deed of trust. I suspect the lender might circle the wagons, too.
could they be liable for any issues that arise between my bank and myself?
No way of telling until an "issue" between you and your bank actually arises.
I was keeping the posts separate bc they are separate issues. All under same deal but separate and each of them carries enough confusion on their own
Yes, but all the background information on the "deal" is in this thread so anything even remotely connected to it should stay in this thread. We are perfectly capable of figuring out what's what.
Right now one of your concerns is getting your LLC off the title to the properties and you are just going to have to wait until the title company gets done with their investigation to find out if that's going to happen or not.
The other concern is whether or not the transaction involved a business loan or a personal loan. You've never really said what kind of "protection" you are looking for so it's difficult to see why it makes a difference.
Maybe, at this point, you can actually answer the question.
What kind of "protection" are you looking for?