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okay the next critical Clause is your management structure all right so in an LLC you need to specify who can make decisions on behalf of that limited liability company now you might be wondering well if its my LLC they should just know that how are they going to know that when I say they a third party lets say youre closing and title wants to know whether or not you can sign off on the deed on a property thats held in the LLC name theyre going to ask for a copy of the operating agreement if you dont have one thats going to delay your closing so by having an operating agreement where you clearly Define who can sign off on documents and what their capacity is youre going to be able to get your deals done much quicker and its going to create less confusion with the third parties that youre going to be working with going forwards key provision
