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LLCs operating without an operating agreement are governed by the state's default rules contained in the relevant statute and developed through state court decisions. An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. In single-member LLC, an operating agreement is a ...
A family farm is generally understood to be a farm owned and/or operated by a family. [3] It is sometimes considered to be an estate passed down by inheritance.. Although a recurring conceptual and archetypal distinction is that of a family farm as a smallholding versus corporate farming as large-scale agribusiness, that notion does not accurately describe the realities of farm ownership in ...
A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
The farm's largest crop is sweet corn. [6] 25% of the Tuttle Farm is classified as wetland and 60% is wooded. [7] The Tuttle Farm includes a modern upscale 10,000-square-foot (930 m 2) retail facility constructed in 1987 adjoining an old New England barn, the original "Tuttle's Red Barn". [4] It now conducts business as Tendercrop Farm at the ...
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