Forced Sale Clause (90/10 Real Estate Joint Venture Agreement) | Practical Law

Forced Sale Clause (90/10 Real Estate Joint Venture Agreement) | Practical Law

A typical forced sale provision for use in a limited liability company (LLC) operating agreement for a commercial real estate joint venture. A forced sale provision is often used by parties in a joint venture as an exit strategy. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

Forced Sale Clause (90/10 Real Estate Joint Venture Agreement)

Practical Law Standard Clauses w-021-5266 (Approx. 14 pages)

Forced Sale Clause (90/10 Real Estate Joint Venture Agreement)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A typical forced sale provision for use in a limited liability company (LLC) operating agreement for a commercial real estate joint venture. A forced sale provision is often used by parties in a joint venture as an exit strategy. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.