Legal Question in Real Estate Law in Virginia

Can a partner who owns half of LLC. Which owns land sell his part to his two sons with out selling each parcel separately


Asked on 10/16/14, 8:32 am

1 Answer from Attorneys

Michael Hendrickson Law Office Michael E. Hendrickson

If this partner sold his half interest in this business to his two sons,

then they should own half of the business with what ever assets it owned,

whether parcels of land or whatever (in my opinion).

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Answered on 11/03/14, 8:41 am


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