LLC Consent (Real Estate Acquisition and Financing) (CA) | Practical Law
A written consent to act without a meeting for a member- or a managing member-managed California limited liability company that is acquiring and financing commercial real estate. This written consent authorizes the members of the limited liability company to enter into the purchase and sale agreement and loan documents, and to execute and deliver all other documents necessary to complete the transactions. This Standard Document has integrated drafting notes with explanatory drafting tips.