[WSBARP] Real Property Buy/Sell Agreement in LLC OA

[Mark Anderson]

Dear All:
Two individuals formed a member-managed limited liability company for the sole purpose of holding a single real property asset (a vacation home).  In addition to the typical provisions, powers, and authority found in an operating agreement, I also want to include provisions that address the circumstance in which one party wants to sell their interest in the LLC (and thus their interest in the vacation home).  This would probably include a first right of refusal and methods for valuation.
Would any of you be willing to share examples of language to include in the operating agreement that would accomplish this?  I'm trying to avoid creating one from "whole cloth."
Thanks.
Mark B. Anderson
ANDERSON LAW FIRM PLLC
821 Dock Street, Suite 209, PMB 4-12
Tacoma, Washington 98402
+1 253-327-1750
+1 253-327-1751 (fax)
marka at mbaesq.com<mailto:marka at mbaesq.com>
www.mbaesq.com<http://www.mbaesq.com/>
CONFIDENTIALITY NOTICE
This transmission is confidential and is intended solely for the use of the individual named recipient. It may be protected by the attorney-client privilege, work product doctrine, or other confidentiality protection. If you are not the intended recipient, or the person responsible to deliver it to the intended recipient, be advised that any dissemination, distribution, or copying of this communication is prohibited. If you have received this transmission in error, please immediately notify the sender via e-mail or by telephone at (253) 327-1750 that you have received the message in error, and then delete it. Thank you.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20251118/afd5764f/attachment.html>