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Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee Pennsylvania Form

Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee Pennsylvania Form

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[Music] hello everyone and welcome to another episode of coffee with carl i am your host carl zellner one of the attorneys here with anderson business advisors and today i want to talk a little bit about the use of limited partnerships in real estate there are some avenues in which a limited partnership may work for you in real estate and some specific scenarios that we're actually leaning more towards limited partnerships at this point first thing is let's talk about a little bit what a limited partnership is and why we tend to use more llc's than lps which is the abbreviation number one is in an llc all partners have limited liability in a limited partnership it's only the limited partners that have liability the general partner actually has unlimited liability so normally you need to set another entity up to catch that unlimited liability portion in order to function with a limited partnership another distinction is that limited partnership interest i

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