Purchase Agreement Llc Membership Interest

Please note that this form requires both signatures once it is completed, by the party buying the interest and the party selling it. In some cases, you may transfer ownership rights under the law, but this transaction does not allow the new person to participate in the operation of LLC. The person only has the right to share the gains or losses. If you need help with an interest rate sales contract, you can publish your legal needs on the UpCounsel marketplace. UpCounsel only accepts the top five percent of lawyers on its site. Lawyers on UpCounsel come from law schools like Harvard Law and Yale Law and average 14 years of legal experience, including working with or on behalf of companies like Google, Menlo Ventures and Airbnb. If you are entering into a contract to sell interest rates, make sure that the document indicates certain aspects. Some examples are: Complete the process by following the rules of transfer of ownership based on your state`s law. Inform other members in writing of the transfer of your interests. This document can be used if a party wishes to sell its interest to an LLC (or if a party wishes to acquire an interest in an LLC) and needs a written agreement.

. . .