Legal Question in Business Law in Georgia

Temporary Transfer Business Ownership

Can I create an Assignment form assigning ownership of my business to another party, have all parties sign and have it witnessed? And...do I have to file anything with the courts, or is the signed document sufficient?


Asked on 8/16/06, 12:45 pm

1 Answer from Attorneys

Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: Temporary Transfer Business Ownership

I'm not sure what you mean by temporary transfer of ownership. If you wish to sell or otherwise transfer ownership, there are a number of different ways to proceed. An assignment is a transfer of rights, not ownership.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

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Answered on 8/16/06, 1:34 pm


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