limited liability companies
NYC's land speculators use LLCs to evade legal responsibility while sitting on vacant property.
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Why should owners of buildings in illegally poor repair be able to buy more rentals? As Washington, D.C., found, it’s not the easiest thing to prevent.
It’s difficult to know who owns a property because corporate landlords and investors tend to structure their business as limited liability companies, or LLCs.
There’s a reason land ownership is a matter of public record—but at the moment the records we have aren’t actually doing the job.