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Let’s Limit Investor and Property Owner Liability!

October 10, 2023 (1 min read)

Limited liability companies (LLCs) are commonly formed to acquire and own real estate projects and parcels while limiting its members’ liability. LLC operating agreements usually outline the rights and obligations of the members, including allocation of net profits and losses and distribution of LLC assets. Use this operating agreement for a member-managed New York LLC with multiple members. See the Related Content below for LLC operating agreements for other states.

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