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Using informal freindly language, like Us, they, we intead of parties and titles draft two documents BEFORE MAY 6th.
1. Real Estate Reservation/ Prichase agreeement
This document will be used for various real estate transactions when shareholders are comming together to purchase an investment proiperty. The properties will be leased out and the shareholders will receive a share of the investment income or loss and will be resposible to portion of the expenses and holding costs untill trhe asset is sold and the profits are distributed. The PA RESERVATUIOn is used to bind the shareholder to the transactioin untill the LLC Docs are signed at closing. The reservation deposit is $1000 fpor each 10% of the project. The Resevation agreement converts to a purchae agreement 30 days ahead ogf the sceduled Closiing.
2. LLC Document
This is the instrument that is used to govern the purchase, ownership and dissolution of ownership of a real eastate investment property. Each Proprty/Project ...
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