Herkimer, NY asked in Business Law, Contracts and Mergers & Acquisitions for New York

Q: How do I sell/transfer my half of my company to my partner

We are a 50 50 non LLC partnership. There is no tangible property, just company name, domain, and email.I and the company is based in NY my partner is in CA. We do have an EIN

2 Lawyer Answers
Michael David Siegel
Michael David Siegel
Answered
  • New York, NY
  • Licensed in New York

A: A simple agreement will suffice. You can then re-register the domain and email account.

Barry E. Janay
PREMIUM
Barry E. Janay PRO label
Answered
  • Florham Park, NJ
  • Licensed in New York

A: Do you have an Operating Agreement? You should, that should spell it out. Also, an LLC Member Interest Purchase Agreement should be drafted.

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