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AGREEMENT TO RENT OR LEASE (This is a contract read it carefully.) This Agreement is made and entered into between Advanced Group 200072. A California limited partnership, DBA Stony brook Apartments
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How to fill out a california limited partnership

01
To fill out a California limited partnership, follow these steps:
02
Obtain the necessary forms: You will need to obtain the applicable forms for creating a limited partnership in California. These forms can typically be found on the website of the California Secretary of State.
03
Fill in the required information: The forms will require you to provide certain information, such as the name of the limited partnership, the names and addresses of the general and limited partners, and the purpose of the partnership.
04
Pay the filing fee: There is a filing fee associated with creating a limited partnership in California. Make sure to pay the fee as required.
05
Submit the forms: Once you have completed the forms and paid the filing fee, you will need to submit them to the California Secretary of State. You can typically do this by mail or in person.
06
Wait for approval: After submitting the forms, you will need to wait for the California Secretary of State to review and approve them. Once approved, you will receive a certificate of limited partnership.
07
Comply with ongoing requirements: As a limited partnership in California, you will have certain ongoing requirements, such as filing an annual report and maintaining records. Make sure to fulfill these obligations to remain in compliance with the law.

Who needs a california limited partnership?

01
A California limited partnership is typically suitable for those who want to establish a business with multiple owners, where some owners have limited liability. It is commonly used by professionals, such as lawyers or accountants, who want to form a partnership while limiting their personal liability. It is also frequently chosen by investors who want to pool their resources and share profits without taking on full personal liability for the partnership's debts. Additionally, entrepreneurs who want to start a business with a combination of general partners who manage the day-to-day operations and limited partners who are passive investors can benefit from a California limited partnership structure.

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