AMENDED AND RESTATED OPERATING AGREEMENT OF GROUNDFLOOR REAL ESTATE 3, LLC (A Georgia Limited Liability Company) DATED: August 11, 2021Operating Agreement • December 28th, 2021 • Groundfloor Real Estate 3, LLC • Real estate • Georgia
Contract Type FiledDecember 28th, 2021 Company Industry JurisdictionThis AMENDED AND RESTATED OPERATING AGREEMENT (this “Agreement”) of GROUNDFLOOR REAL ESTATE 3, LLC (the “Company”), a limited liability company organized pursuant to the Georgia Limited Liability Company Act (the “Act”), is executed effective as of the date set forth on the cover page of this Agreement. Nick Bhargava is the sole member of the Company.
OPERATING AGREEMENT OF GROUNDFLOOR REAL ESTATE 1, LLC (A Georgia Limited Liability Company) DATED: December 16, 2016Operating Agreement • January 25th, 2017 • Groundfloor Real Estate 1, LLC • Georgia
Contract Type FiledJanuary 25th, 2017 Company JurisdictionThis OPERATING AGREEMENT of GROUNDFLOOR REAL ESTATE 1, LLC (the “Company”), a limited liability company organized pursuant to the Georgia Limited Liability Company Act (the “Act”), is executed effective as of the date set forth on the cover page of this Agreement. GROUNDFLOOR FINANCE INC., a Georgia corporation (“Groundfloor Parent”), is the sole member of the Company. Solely for federal and state tax purposes and pursuant to Treasury Regulations Section 301.7701-3, Groundfloor Parent and the Company intend for the Company to be disregarded as an entity that is separate from Groundfloor Parent. For all other purposes (including, without limitation, limited liability protection for Groundfloor Parent from Company liabilities), however, Groundfloor Parent and the Company intend for the Company to be respected as a legal entity that is separate and apart from Groundfloor Parent.