LLC Consent (Real Estate Acquisition and Financing) (Member-Managed) (MN) | Practical Law
A consent form for use by a member-managed Minnesota limited liability company (LLC) that is acquiring and financing commercial real estate. In this consent, the members authorize the managing member to enter into the purchase and sale agreement and loan agreement, and to execute and deliver all other documents necessary to complete the closing. This Standard Document has integrated notes with important explanations and drafting tips.