How do I transfer my partner's interest in LLC to me? Is it even legal to have such closure in our operating agreement?

You will need to have your partner (technically, your fellow member) transfer the membership interest to you. This is ordinarily accomplished...

Can i have a receipt, written in a yellow legal pad be notarized?

A handwritten receipt on a legal pad inso worse than a printed one. It does not have to be notarized. The foregoing discussion does not establish...

If english is the official language of florida, what is the law as far as public businesses playing spanish over the radio?

Although English may be the official language of Florida, there is little doubt that Spanish is a fairly common language in that State. I would...

Does a sole proprietorship with good liability insurance have about the same risk as an LLC?

It is difficult to answer without specifics about your business, however, by definition, an LLC limits liability to a member's interest in the LLC....

Selected as the best answer

I would ask the attorney handling the real estate transaction for you what steps, if any, he/she believes you should take. Best of luck. The...

Can a Quit Claim Deed be Filed / Transferred from one spouse to another taking one of the parties off of the mortgage

Filing a quitclaim deed to remove a spouse from title to a property will only do that. It will have no effect on the removed spouse's obligation...

landlord liability and tenants

Did he sign the lease? Your fact pattern doesn't say that. If he didn't, then there's no agreement. Best of luck. The foregoing discussion does...

The same elements that make any contract valid - offer, acceptance and consideration. Whether it's between a husband and wife or any other two...

Me and a friend opened up an LLC a few years ago, no operating agreement, both are listed as MGR, my friend wants to leave how?

In addition to filing the Resignation/Disassociation of a Member or Manager (which you can find at - http://form.sunbiz.org/pdf/cr2e079.pdf), you...

I attended a special meeting where I was voted out? Buy out? Information?

Unfortunately, I don't believe that anybody on this forum will be able to sufficiently advise you regarding the particularities of your matter. I...