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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Maddy,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">FYI, this is the situation in an Operating Agreement when the Agreement does not include a “shot-gun,” or similar exit strategy provision.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">-Laura<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black;mso-ligatures:none">Laura Minton Breckenridge, Attorney<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none">Post Office Box 336
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none">227 Freeway Drive, Suite B
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none">Mount Vernon, WA 98273<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none">Telephone<i>
</i>(360) 336-1000<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none">Fax (360) 336-6690<o:p></o:p></span></p>
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</span><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none"><a href="mailto:laura@skagitlaw.com"><span lang="FR" style="color:#0563C1">laura@skagitlaw.com</span></a></span><span lang="FR" style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-ligatures:none"><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif;mso-ligatures:none">From:</span></b><span style="font-family:"Calibri",sans-serif;mso-ligatures:none"> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Craig Gourley<br>
<b>Sent:</b> Wednesday, July 31, 2024 12:40 PM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBARP] ending LLC when parties don't agree.<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Listmates. I have a client that owns property with another person in an LLC. One party wants to end the relationship and the other does not. Operating agreement requires unanimous consent to terminate and the LLC statute does not appear
to have a default exit strategy. If this property was owned as tenants in common a simple partition action would be the remedy but I am not seeing anything similar when property is owned in an LLC. Any solution I am missing? Thanks, Craig
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">GOURLEY LAW GROUP</span></b><span style="font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">THE EXCHANGE CONNECTION</span></b><span style="font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:"Calibri",sans-serif">SNOHOMISH ESCROW
</span></b><span style="font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">P.O. Box 1091<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">Snohomish, WA 98291<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Calibri",sans-serif">PH: (360) 568-5065 (800) 291-8401<o:p></o:p></span></p>
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