Single Member Llc Resolution Template For Sell Real Estate In Washington

State:
Multi-State
Control #:
US-0031-CR-9
Format:
Word; 
Rich Text
Instant download

Description

The Single Member LLC Resolution Template for Selling Real Estate in Washington is a crucial document for single-member limited liability companies engaging in real estate transactions. This template allows the member to record their decision to proceed with the sale of properties, ensuring that the action is officially recognized and compliant with state regulations. Key features include a customizable resolution section where members can detail the specific action being authorized, as well as a certification section for the secretary to validate the adoption of the resolution. To fill out the form, users should provide relevant details such as the company name, the specific resolution, and the date of the meeting. This form is particularly useful for attorneys, partners, and owners who need to formalize decisions made by single-member LLCs. It also serves as an important reference for paralegals and legal assistants when assisting clients with real estate transactions, ensuring all actions are documented thoroughly. Overall, this template streamlines the process of real estate sales for single-member LLCs in Washington and helps maintain legal compliance.

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FAQ

How to fill out the Limited Liability Company Resolution Template? Gather the required company details and officer names. Fill in the meeting date, time, and location. Document the resolutions discussed and decisions made. Sign the resolution as required by company policy.

Washington State doesn't require you to have a written operating agreement for your LLC. ing to WA Rev Code § 25.15. 006 (2020), the operating agreement may be verbal or implied. However, having a written operating agreement on file is in your company's best interest.

What To Include in a Single-Member LLC Operating Agreement Name of LLC. Principal Place of Business. State of Organization/Formation. Registered Office and Registered Agent. Operating the LLC in Another State (Foreign LLC) Duration of LLC. Purpose of LLC. Powers of LLC.

Meets State Requirements Some states, such as California, Delaware, Maine, Missouri, and New York, require LLCs to have operating agreements. It may jeopardize your corporate status with those states if you don't. And therefore, your liability protection is at risk.

member LLC can choose to be taxed as a corporation or disregarded as an entity separate from its owner, essentially treated as a sole proprietorship (a husband and wife, who are owners of an LLC and share in the profits, can file as a single member if they reside in a Community Property State such as ...

Washington State doesn't require you to have a written operating agreement for your LLC. ing to WA Rev Code § 25.15. 006 (2020), the operating agreement may be verbal or implied. However, having a written operating agreement on file is in your company's best interest.

Single-member LLCs do not need resolutions, but they can still come in handy in certain situations, like if the company must defend itself in court. Documenting changes or actions not covered in the original bylaws or articles of incorporation can help an LLC protect itself from lawsuits or judicial investigations.

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Single Member Llc Resolution Template For Sell Real Estate In Washington