Legal Question in Real Estate Law in New York

Non Profit Transfer

We're going to merge with another established non-profit--name removed--here in Massena, New York. Can we make a simple transfer of our property and assets by mutual agreement on both sides,and simply become absorbed by them, or do we have to go through a lawyer?


Asked on 4/06/07, 1:56 pm

1 Answer from Attorneys
florence hessen florence f. hessen,esq

Re: Non Profit Transfer

Hi:

In order to avoid any unforseen business and tax consequences you should contact a lawyer.

Good Luck

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Answered on 4/06/07, 3:07 pm


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