Picture of LLC Operating Agreement for Real Estate | USA Picture of LLC Operating Agreement for Real Estate | USA Picture of LLC Operating Agreement for Real Estate | USA

LLC Operating Agreement for Real Estate | USA

1 review(s) | Add your review

Set the terms by which an LLC will buy, develop and lease real estate property with this easy-to-use LLC Operating Agreement for Real Estate Developer.

  • This 11-page agreement template establishes the formation of a multi-member limited liability company in the United States for the purpose of purchasing, developing, operating, leasing and/or selling real estate properties.
  • The members are responsible for managing the business and affairs of the LLC and may appoint one or more managers to delegate that authority to.
  • Provisions for admitting new members and for existing members to transfer their interest.
  • Provisions for tax and accounting procedures. The LLC is treated as a partnership for U.S. federal tax purposes.
  • Provisions for dissolution of the LLC, liquidation and distribution of the assets on a pro rata basis after payment of the LLC's obligations.
  • This is a U.S. template which can be used in most states. Check with the Secretary of State in your area to find out what else is required.
  • An LLC can be a cost-effective and efficient structure for a real estate developer.
Document Type: Microsoft Word
Last Updated: 24-January-2022
SKU: 9168
$19.99
Product tags
Only registered users can write reviews
5
John | 8/11/2016 4:01 PM
test
test
Was this review helpful? 0|0 Yes No
Related products
Picture of Bylaw of LLC Governing Conduct of Meetings | USA

Bylaw of LLC Governing Conduct of Meetings | USA

Set out in writing how meetings of members and managers of a USA limited liability company will be conducted with this Bylaw of LLC Governing the Conduct of Meetings, which covers the following:

  • procedure for holding annual and special meetings of LLC members;
  • how notice of meetings is to be given to the members;
  • what constitutes a quorum at a meeting;
  • how meetings of the managers of the LLC are to be conducted.

This LLC Bylaw can be used throughout the United States. To get your copy, add it to your cart and check out. You can then download the form.

$12.49
Picture of Plan of Liquidation and Dissolution of LLC | USA

Plan of Liquidation and Dissolution of LLC | USA

Dissolve a limited liability company in the United States with this Plan of Dissolution and Liquidation of LLC.

  • All of the members resolve to:
    • have the company cease actively conducting business;
    • distribute the assets of the LLC to the members;
    • publish a Notice of Dissolution for the benefit of creditors and interested parties.
  • This template can be used in any State that does not have a prescribed statutory form required by law for dissolution.
  • Intended to be used only within the United States.
$2.29
Picture of Transfer of LLC Membership Interest | USA

Transfer of LLC Membership Interest | USA

This Transfer of LLC Membership Interest should be attached as an addendum to an original LLC Operating Agreement for a USA limited liability company.

The Transfer addendum sets out the rules set up by the members governing the transfer of a membership interest from a departing or deceased member to a related party (spouses or family members) or to a non-related party. The Transfer addendum covers the following topics:

  • permitted transfers to related parties;
  • voluntary transfers to non-related parties;
  • involuntary transfers to related and non-related parties;
  • method of determining purchase value;
  • payment of purchase value;
  • admission of new members.

This USA Transfer of LLC Membership Interest template is available in MS Word format, and is fully editable to fit your specific circumstances.

$12.49
Picture of Sale of LLC Interest Agreement | USA

Sale of LLC Interest Agreement | USA

Sell all or part of your interest in a USA limited liability company with this template Sale of LLC Interest Agreement.

  • The Seller will provide a bill of sale on closing, in return for a check from the Purchaser.
  • The Seller warrants that the LLC owns its assets and property free and clear except for liens disclosed in the Agreement.
  • The Seller must provide copies of all insurance policies.
  • The other members of the LLC will not allow the Seller to incur liabilities, enter into contracts, or encumber the interest without the consent of the Purchaser until the transaction closes.
  • Available in MS Word format.
  • Intended to be used only in the United States.
$15.99
Customers who bought this item also bought
Picture of Real Estate Limited Partnership Agreement | USA

Real Estate Limited Partnership Agreement | USA

Create a limited partnership for purchasing investment real estate properties in the USA under this Real Estate Limited Partnership Agreement.

  • In addition to cash contributions to capital, the general partners will contribute to the partnership certain real estate property under a contract for purchase and sale.
  • The partnership assumes all of the purchaser's obligations under this contract, except for the payment of costs associated with the purchase transaction, which will be paid by the general partners.
  • Partnership profits and losses will be distributed among or borne by the partners in proportion to their capital contributions.
  • Proceeds from the sale of any property or asset held by the partnership will be allocated among the partners in amounts equal to their cash contributions, and a portion of the balance allocated proportionately among the partners in proportion to their capital contributions.
  • None of the partners will receive a salary or be entitled to draws for services rendered on behalf of the partnership.
  • No Limited Partner shall have the right to substitute an assignee as contributor in his place.
  • This template is provided in MS Word format, and is easy to download, edit with your specific details, and print.
  • This legal form is governed by the laws of the United States.
$17.99
Picture of Real Estate General Partnership Agreement | USA

Real Estate General Partnership Agreement | USA

Set up a general partnership for buying, developing and leasing real estate properties with this USA Real Estate General Partnership Agreement template.

  • Cash flow of the partnership will be distributed among the partners in the same proportion as profits and losses are allocated.
  • If the income produced by the partnership properties is not sufficient to pay operating costs, the partners will contribute additional funds in proportion to their capital interests.
  • If a partner fails to make his/her contribution, the other partners may contribute additional funds, which may be treated either as additional capital or as a loan to the defaulting partner.
  • A partner may transfer all or part of his interest to or for the benefit of a spouse or descendant(s).
  • If a partner wants to transfer all or part of his interest to someone other than a family member, the other partners have a first right of refusal to purchase the interest.
  • The partnership can be terminated by a majority vote (based on interests). Upon termination the partnership assets will be sold and any net proceeds will be distributed to the partners in proportion to their capital interests.
  • The USA Real Estate General Partnership Agreement template is available as a downloadable Microsoft Word file, which is fully customizable to meet your needs.
$29.99
Picture of Security Deposit Refund and Claim Statement

Security Deposit Refund and Claim Statement

Prepare a Security Deposit Refund and Claim Statement for Repairs and Cleaning with this easy-to-use template for outgoing tenants.

This form sets out:
  • termination date of the tenancy,
  • amount of interest accrued on the deposit (if any),
  • itemized list of amounts deducted from the deposit and retained by the landlord, and what those deductions are for,
  • balance of the deposit being returned to the tenant, or, if applicable, the amount that the tenant still owes the landlord.
This Security Deposit Refund and Claim Statement for Repairs and Cleaning is in MS Word format, and is easy to download, fill in and print.
$2.29
Picture of Restaurant Management Agreement

Restaurant Management Agreement

Hire a manager to run the day-to-day operations of a restaurant with this fully editable Restaurant Management Agreement.

  • Manager's Duties. The manager is responsible for:
    • hiring and training all staff,
    • creating food and beverage menus,
    • setting pricing and dress codes,
    • obtaining all required licenses and permits,
    • maintaining and operating the restaurant in accordance with the owner's operating standards.
  • Marketing. The manager will establish and supervise all marketing, advertising and promotional campaigns for the restaurant.
  • Limitations on Manager's Authority. The manager has no authority to enter into any lease or license agreement, incur any financial obligations except for ordinary trade debt, acquire any capital assets, borrow money, mortgage or otherwise encumber the business.
  • Insurance. The manager must obtain insurance coverages, including liability, all-risk, worker's compensation, disability, and business interruption.
  • Labor Agreements. The restaurant owner is responsible for negotiating all labor union collective bargaining agreements.
  • Other Terms. The agreement contains extensive provisions governing termination of the agreement and the transfer of operations from the manager to the owner or to a replacement manager.
  • Generic Contract. This is a generic legal document which does not contain specific references to the laws of any country or jurisdiction. It can be easily customized to fit your exact needs.
  • How to Obtain the Form. You can download the Restaurant Management Agreement immediately after purchase. Available in MS Word format.
$34.99
Picture of Limited Partnership Agreement | USA

Limited Partnership Agreement | USA

Set up a USA limited partnership between a general partner and several limited partners with this Limited Partnership Agreement template.

  • The General Partner will not be required to contribute any cash to the capital of the Partnership. The Limited Partners must each purchase a minimum number of units.
  • The limited partners are not liable for the debts or liabilities of the Partnership and are not required to make additional capital contributions.
  • The liability exposure of the limited partners is limited to the amount of the subscription paid by each of them for their partnership units.
  • The General Partner has full authority in the management of the Partnership.
  • The agreement includes provisions for withdrawal of the General Partner and assignment of a partnership interest. The Partnership has a right of first refusal to purchase the withdrawing partner's units.
  • This template is provided in MS Word format and is easy to download and customize.
  • Governed by U.S. laws and intended to be used only within the United States.
$34.99