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About Llc Resolution To Sell Real Estate
A LLC resolution to sell real estate is a legal document adopted by a Limited Liability Company (LLC) to approve the sale of a property owned by the LLC. The resolution outlines the terms of the sale, including the sale price, the buyer, and the closing date. It also authorizes the LLC to enter into any contracts or agreements necessary to complete the transaction. Any LLC that owns property and wishes to sell it needs a resolution to sell real estate. This document is required to ensure that the sale is legally binding and protects the interests of the LLC and its members. The resolution is usually adopted by the members of the LLC during a meeting and must be included in the company's records. Additionally, in some states, the resolution may need to be filed with the state government to complete the sale.
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