How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Richard Your Own Question
Richard
Richard, Tax Attorney
Category: Tax
Satisfied Customers: 54546
Experience:  29 years of experience as a tax, real estate, and business attorney.
17027240
Type Your Tax Question Here...
Richard is online now
A new question is answered every 9 seconds

Attorney help Legal Beacon Assistance with filling in the

This answer was rated:

Attorney help: Legal Beacon Assistance with filling in the blanks?

1.8 Purchase Agreement; Loan.

(a) Purchase Agreement; Reimbursement of Predevelopment Costs. The Company intends to purchase the __________ pursuant to a Purchase and Sale Agreement to be entered into by and among the Company and the owners of the __________ ("Purchase Agreement”). The Members agree that the Class A Members are hereby authorized and directed, on behalf of the Company, to reimburse the Class A Members and their Affiliates for any expenses incurred by them relating to the purchase of the __________ and/or other pre-development matters, including due diligence and feasibility, (all such expenses are referred to herein as "Pre-Development Expenses").
You can modify this to allow for reimbursement of any costs you incurred to enter into your lease and formation of your entity.
Richard and 8 other Tax Specialists are ready to help you