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Forming and Operating an LLC Toolkit (National and Select States)

by Practical Law Real Estate

Maintained | California, Colorado, Delaware, Florida, Georgia, Illinois, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, Ohio, Oregon, Pennsylvania, Texas, USA (National/Federal), Washington

This Toolkit offers a comprehensive suite of resources to assist legal counsel in the formation and operation of limited liability companies (LLCs) for commercial real estate transactions across various jurisdictions, including Delaware. It emphasizes the flexibility and liability protection that LLCs provide. The Toolkit includes links to LLC agreements and guidance on customizing complex joint venture agreements. It provides jurisdictionally neutral National resources, including Practice Notes, Standard Documents, and Checklists. Additionally, it provides state-specific materials for Delaware, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, Ohio, Oregon, Pennsylvania, Texas, and Washington.

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