What legal instruments will govern the acquisition / divestment of shares and the operations of a property company?
Each Company will be governed by a Shareholder Agreement that covers all matters relating to shareholder rights, obligations and liabilities, access and use of a property, and the management of the property by the Company. Acquisition / divestment of shares will be managed by way of a Share Sale Agreement, and a Deed of Covenant that binds a new shareholder to the Company Shareholder Agreement.
Related Questions
- If the acquired legal entity did not own or lease real property in California on the date of acquisition, am I still required to file form BOE-100-B?
- I received my Devon shares as a result of Devon’s 1999 acquisition of PennzEnergy Company. How do I calculate my tax basis?
- How do you formally accuse a real estate management company of financial improprieties?
