Specialists pulling together
Article Abstract:
Limited partnerships offer a number of advantages over limited companies. In general, a partnership must be made up of one or more limited partners. These partners are liable only up to the amount of the capital sum or value of the property contributed by them to the partnership. Limited partnerships are most commonly created for a defined term, often seven or eight years. They are set up with funds supplied by the limited partners in accordance with the regulations contained in the articles of partnership.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2000
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You must look before you lend
Article Abstract:
Financial lenders must fully investigate what assets are owned by a limited liability partnership (LLP) and how the company is organised, before granting the partnership any funding. A LLP is registered at Companies House but they do not have a legal status. The Department of Trade and Industry are looking into LLPs and may change the way they operate. Lenders to LLPs cannot have a floating charge which allows them fewer sanctions over the partnership. Any assets are owned by the partners individually.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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Lend your support to the long march
Article Abstract:
The United Kingdom's RICS has changed for the better since July 1998 when an Agenda for Change was introduced. A number of strategies to help members and encourage a wider profile for chartered surveyors have been put in place.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2001
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