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9 May 2017, 1:16 pm by Stephan Futeral
" However, South Carolina is called an “equitable division,” sometimes referred to as a “separate property,” state. [read post]
3 Apr 2016, 11:01 am by Carter Ruml
  If they did meet another owner’s capital call, a portion of the “deadbeat” owner’s ownership interest in the LLC would be redeemed by the LLC. [read post]
3 Apr 2016, 11:01 am by Carter Ruml
  If they did meet another owner’s capital call, a portion of the “deadbeat” owner’s ownership interest in the LLC would be redeemed by the LLC. [read post]
3 Apr 2016, 11:01 am by Carter Ruml
  If they did meet another owner’s capital call, a portion of the “deadbeat” owner’s ownership interest in the LLC would be redeemed by the LLC. [read post]
13 Jul 2022, 9:15 pm by Richard Symmes
To get around this you could purchase in your personal name and transfer the property to an LLC which could invoke the due on sale clause and the bank to call the note due, although that is unlikely. [read post]
29 Sep 2010, 5:00 am by Misty Dalke
  Since JER did not offer unconditional consent, Westpac asserted that it and the newly formed LLCs suffered harm; specifically, Westpac claims it and the LLCs took a loss on the sale of a property, lost seven other properties because they were unable to refinance the $110 million loan, and experienced delays in the development plans. [read post]
20 Mar 2019, 8:43 am by Anthony Bareno
  Owners are called members and each member holds a membership interest based on his/her/its contribution amount to the LLC. [read post]
24 Sep 2018, 2:31 am by Peter Mahler
They laid particular emphasis on the purpose of the LLCs as found in the operating agreements, the one stating that the LLC is formed “for the purpose of acquiring a remainder interest” in the Bedford property “and engaging in any and all activities necessary or incidental to the foregoing,” and the other using comparable language as concerns the Manhattan property. [read post]