Common Contracts
1 similar LLC Membership Purchase Agreement contracts
ContractLLC Membership Purchase Agreement • June 17th, 2023
This document will likely be kept on file with the LLC, to have a record of the sale. Here, questions will be asked about the identities of the parties, the amount of interest the seller owns, the amount of interest the seller is selling, the sale price, and details of how that price will be paid. Then, details about the closing - the time when the buyer and seller meet to finalize the sale - will be asked. This document also has an optional addendum at the end, in case full consent is needed from all the rest of the members of the LLC in order to validate the sale. Please keep in mind that this form requires both signatures once it is filled out, from the party purchasing the interest and the party selling it. Applicable law LLC Membership Purchase Agreements are subject to the laws of individual states. There is no one federal law covering these documents, because each individual state governs the businesses formed within that state. How to modify the template You fill out a form. Th
