How To Sell The Property Of An LLC

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How To Sell The Property Of An LLC
How To Sell The Property Of An LLC

Video: How To Sell The Property Of An LLC

Video: How To Sell The Property Of An LLC
Video: How to Transfer Your Property Into an LLC 2024, April
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Running your own business sometimes requires more effort from the owner than he can afford. What if a Limited Liability Company (LLC) has been registered for a long time, is working, but you really want to get out of the business, and even pick up the acquired property?

How to sell the property of an LLC
How to sell the property of an LLC

Instructions

Step 1

The ideal way in this situation would be to sell the property of the LLC. It goes without saying that initially you need a buyer for whom this property will be in demand. Almost all of this is feasible by selling your share in the authorized capital of the company to a buyer. As part of the future sale, the buyer will have the right to own the desired property, and he will be able to dispose of it at his own discretion.

Step 2

To implement the procedure for selling a share in the authorized capital, it is recommended to resort to the help of a qualified notary if legal matters are alien to you. His help will be simply necessary, since he will draw up a notarial certification of the transaction.

Step 3

Upon registration and collection of documents, the transaction is notarized. And within three days, the notary submits an application for amending the Unified State Register of Legal Entities to the Registration Chamber. In addition to the statement, the presence of a contract is required. A copy of the same documents is provided in equal terms and to the participants of the LLC as confirmation of the transaction.

Step 4

Based on this procedure, the buyer enters into the rights of the owner of the share in the authorized capital of the LLC and, accordingly, the owner of the property, from the date of the notarization of the purchase and sale.

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