LLC Consent for Member-Managed Company (Real Estate Sale) (IL) | Practical Law

LLC Consent for Member-Managed Company (Real Estate Sale) (IL) | Practical Law

A consent for a member-managed Illinois limited liability company (LLC) that is selling commercial real estate. This consent authorizes the members of the LLC, on behalf of the LLC, to enter into the purchase and sale agreement and to execute and deliver all other documents necessary to complete the sale transaction. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

LLC Consent for Member-Managed Company (Real Estate Sale) (IL)

Practical Law Standard Document w-010-9905 (Approx. 11 pages)

LLC Consent for Member-Managed Company (Real Estate Sale) (IL)

by Practical Law Real Estate
MaintainedIllinois
A consent for a member-managed Illinois limited liability company (LLC) that is selling commercial real estate. This consent authorizes the members of the LLC, on behalf of the LLC, to enter into the purchase and sale agreement and to execute and deliver all other documents necessary to complete the sale transaction. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.