Part 1 -What Should be Included in Your LLC Operating Agreement?

Operating Agreements in General Operating agreements define the rights and obligations of the members of a limited liability company (“LLC”).  For LLC’s formed in North Carolina, the North Carolina Limited Liability Company Act (the “Act”) provides that an operating agreement may be oral, in writing, or any combination thereof.  While operating agreements may be oral, [...]

By | 2018-09-13T19:16:10+00:00 September 13th, 2018|Uncategorized|Comments Off on Part 1 -What Should be Included in Your LLC Operating Agreement?

Commercial Real Estate -The Need for a Contract

Commercial real estate is transferred by deed, so why the need for a contract? Well, buyers need time to perform due diligence before they are ready to purchase. And, buyers do not want to spend a lot of time and money on evaluating only to find the owner to sell to someone else. They need [...]

By | 2018-04-05T14:33:00+00:00 April 5th, 2018|Uncategorized|Comments Off on Commercial Real Estate -The Need for a Contract