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Is it legal for one partner in a corporation to give out a rental lease without the other partners signature is the lease valid?
Omolina12
You should review your business arrangement (by-laws, resolutions, etc.) to determine if there is any special provision that one officer can sign for the corporation. You should also check your state laws. In some states, legal documents must be signed by two officers. You should consult with an attorney who can review your situation and explain your options at this stage of your business relationship.
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∙ 13y ago
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Can one member of a Corp buy and sell rental property with cash from the Corp without the other's signature in ND?
I think that each partner would have to sign for property purchased with money out of the corporation and also when it is sold.
Can a partner sign a contract without partners knowledge?
There is no requirement that an attorney sign a contract
What rights does a cohabiting partner of years have after the partner dies without a will?
Answer: When a person dies without a will and has a long term partner to whom he is not married, the partner is not an heir. Unmarried life partners MUST have good quality wills drafted to protect each other's interests in their possessions.
Can you get divorced in Oklahoma without a partner's signature?
Yes, but there are legal hoops you must jump through including attempted notification of the partner, etc., depending on the situation.
Can someone get HIV infections from infected partner without any cut from both partners during sexual intercoarse?
Yes.
Limited Partnership Agreement?
Limited Partnership Agreement(Download)_______________________, referred to as GENERAL PARTNERS, and _______________________, referred to as LIMITED PARTNERS, agree:That they herewith form a limited partnership under the laws of the state of ________, under the name of ___________________.The purpose of the partnership is to engage in the business of ___________________ and to have all powers necessary or useful to engage in business described. Without limitation this shall include the power to own, sell or lease property.The principal place of business shall be ________________.The partnership term begins on the date of this Agreement and shall continue until _______________, when it shall dissolve under the terms of this Agreement.Each partner has contributed, or will contribute by __________ the amount shown next to their signature to this Agreement.Limited partners shall not be required to contribute additional capital.Each partner shall have a capital account that includes invested capital plus that partners allocations of net income, minus that partners allocations of net loss and share of distributions.Net income and net loss shall be allocated as follows:a. ____ percent to the General Partner.b. _____ percent to the Limited Partners, according to their respective percentage ownership interests.Except as otherwise expressed stated in this Agreement, the General Partner shall manage the partnership business and have exclusive control over the partnership business, including the power to sign deeds, notes, mortgages, deeds of trust, contracts, leases, and direction of business operations.The limited partners shall have all powers which may lawfully be granted to limited partners under the laws of the State of Delaware.AccountingThe partnerships tax or fiscal year shall be a calendar year. The General Partner shall make any tax election necessary for completion of the partnership tax return.A limited partner may assign his or her rights to receive distributions, net income and net loss to any person without causing a dissolution of this partnership. No assignment will be effective until the general partner is notified in writing of the same.This agreement may only be amended by the written agreement of all Partners.1. Notices.Any notice required by this Agreement or given in connection with it, shall be in writing and shall be given to the appropriate party by personal delivery or a recognized over night delivery service such as FedEx.See Exhibit 1 for the name and addresses for each partner.2. No Waiver.The waiver or failure of either party to exercise in any respect any right provided in this agreement shall not be deemed a waiver of any other right or remedy to which the party may be entitled.3. Entirety of Agreement.The terms and conditions set forth herein constitute the entire agreement between the parties and supersede any communications or previous agreements with respect to the subject matter of this Agreement. There are no written or oral understandings directly or indirectly related to this Agreement that are not set forth herein. No change can be made to this Agreement other than in writing and signed by both parties.4. Governing Law.This Agreement shall be construed and enforced according to the laws of the State of ____________________ and any dispute under this Agreement must be brought in this venue and no other.5. Headings in this AgreementThe headings in this Agreement are for convenience only, confirm no rights or obligations in either party, and do not alter any terms of this Agreement.6. Severability.If any term of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining terms, will remain in full force and effect as if such invalid or unenforceable term had never been included.In Witness whereof, the parties have executed this Agreement as of the date first written above.Dated: ___________________________________________________________General PartnerLimited Partners shall sign the attached Exhibit One or duplicate originals of the same.Exhibit One: Names & Addresses of Limited Partners and their signatures____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security Number____________________ ______________________ ___________________Limited Partner Signature Printed Name and Address Social Security NumberNote: Include as many more lines as there are Limited Partners.Limited Partnership AgreementReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. Limited partnership agreements provide certain tax benefits for the general partner and the limiteds. Consider it as a different form of a corporation when entering into such a deal. Consult your accountant and lawyer about the technical aspects of such an enterprise.1. Make multiple copies. Keep one in a home safe or safety deposit box. Give one to each general and limited partner. Be sure to get all limiteds to sign the Exhibit or counter original copies.
How can I transfer my Partnership firm?
There are restrictions on the transfer of ownership interest in a Partnership firm. A Partner cannot transfer his/her interest in the firm to any person (except to the existing partners) without the unanimous consent of all other partners.
Can men get UTIs?
Yes, anyone can get a urinary tract infection. Males will often carry the infection without showing symptoms, which is sort of good for them but not great if they have a female partners as if they have sex without condoms/femidoms then they can keep passing the UTI to their partner.
Why is corporation is more advantageous than partnership?
A corporation is more advantageous than a partnership because a corporation can be located in a US State such as Delaware that has no corporate income taxes. As a corporation shares may be sold to the public to raise funds. Corporations avoid the problems associated with partnerships in that the latter is not reliant upon a set of individuals to function and avoids the problems associated with the death of a key partner. Key partner insurance can be obtained but at a cost that reduces the profitability of the organization. Corporations also can absorb lawsuits without endangering the personal liability of the share holders. A partnership is subject to lawsuits that directly hold individual partners monetary damages. Also the name of a corporation is more easily sold along with its assets should the shareholders wish to sell the business.
Why is a corporation more advantageous than a partnership?
A corporation is more advantageous than a partnership because a corporation can be located in a US State such as Delaware that has no corporate income taxes. As a corporation shares may be sold to the public to raise funds. Corporations avoid the problems associated with partnerships in that the latter is not reliant upon a set of individuals to function and avoids the problems associated with the death of a key partner. Key partner insurance can be obtained but at a cost that reduces the profitability of the organization. Corporations also can absorb lawsuits without endangering the personal liability of the share holders. A partnership is subject to lawsuits that directly hold individual partners monetary damages. Also the name of a corporation is more easily sold along with its assets should the shareholders wish to sell the business.
Can annulment be granted without a signature of wife or husband?
no, without a signature there is no agreement of it.
What is an antonym for signature?
An antonym for "signature" is "anonymous," meaning without a signature or name.
