Section 404(d) of the Uniform Limited Liability Company Act (1996) provides: "Action requiring the consent of members or managers under this Act may be taken without a meeting." This is a form of resolution adopted by unanimous consent of the members of a limited liability rather than having a formal meeting.
West Virginia Unanimous Consent to Action By Sole Member of a Limited Liability Company, in Lieu of a Meeting, Accepting and Appointing a New Member
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FAQ
The Transfer Tax Fee is $5.50 for every $1,000.00 of the purchase price, or value of the property when the purchase price is not listed on the Deed. All Deeds recorded in West Virginia are subject to an Excise Tax (Transfer Tax Fee).
What Is a West Virginia Quitclaim Deed? West Virginia real estate owners can transfer ownership by signing and recording a deed. 1. A quitclaim deed is a specific deed form that transfers whatever claim or interest the signer has in the property without guaranteeing the property's title is clear or valid.
West Virginia is a one-party consent state when it comes to audio recording, meaning that if you intend on recording a conversation, at least one person in the conversation must consent for the recording to be legal [1].
§11-22-6. Duties of clerk; declaration of consideration or value; filing of sales listing form for Tax Commissioner; disposition and use of proceeds.
Code, §§ 40-1-9, 39-1-2) ? A property's deed must be filed in the County Court Clerk's Office in the jurisdiction where the real estate is located. Signing (W. Va. Code, § 39-1-2) ? All deeds are required to be signed with two (2) witnesses or a Notary Public present.
An individual who is a party to an in-person, telephone or electronic conversation, or who has the consent of one of the parties to the conversation, can lawfully record it or disclose its contents, unless the person is doing so for the purpose of committing a criminal or tortious act. W. Va. Code § 62-1D-3.
Declaration of Consideration of Value (This is the monetary amount for which the property is sold. If the property is being transferred without monetary value, it must state in the declaration paragraph 'why' it is exempt from transfer tax.)
The West Virginia Uniform Common Interest Ownership Act controls the creation, authority, management, and operation of common interest communities formed after July 1, 1986. This includes planned communities, condominiums, and real estate cooperatives.
