US Legal Forms
Artist Management Agreement

Management Company Examples In California

Q: Can an LLC hold a real estate license in California?

There are no provisions in the Business and Professions (B&amp;P) Code which authorize a limited liability company (LLC) to become licensed as a real estate broker. Refer to: Sections 10158, 10159, 10159.2, 10170.5 10180, and 10211 of the (B&amp;P) Code. Sections 2740 through 2746 of the Commissioner&#039;s Regulations.

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management Agreement outlines the relationship between the Artist and the Manager in California, specifically addressing the Manager's role in advising and promoting the Artist's career. Key features include the Manager's authority to negotiate contracts, represent the Artist, and handle publicity. The agreement stipulates the compensation structure based on the Artist's gross monthly earnings and allows the Manager to retain a portion of these earnings as payment. It also details the conditions under which the agreement can be terminated and the obligations of both parties concerning expenses and financial arrangements. This form is particularly useful for attorneys, partners, and paralegals involved in entertainment law, as it provides a clear structure for managing the professional interests of artists. Owners and associates can benefit from understanding the contractual obligations and rights outlined, ensuring that both parties understand their commitments. Legal assistants can leverage this document to assist in drafting and editing similar agreements, providing support in the management of artists' careers.

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FAQ

Every corporation and limited liability company is required to file a Statement of Information either every year or every two years as applicable. The Secretary of State sends a reminder to the business entity approximately three months prior to the date its filing is due.

Statement of Information (Form SI-100) For faster processing, the required statement for most corporations can be filed online at .

To form an LLC in California, go to bizfileOnline.sos.ca, log in, select Register a Business under the Business Entities Tile, Articles of Organization - CA LLC and follow the prompts to complete and submit.

To submit Form SI-100, you may file it online at the California Secretary of State's website or mail it to the Statement of Information Unit at P.O. Box 944230, Sacramento, CA 94244-2300. For in-person submissions, visit the Sacramento office located at 1500 11th Street, Sacramento, CA 95814.

Licensing Laws For anyone stepping into managing a property on behalf of the owner, the first requirement is to have a property management license in California.

There are no provisions in the Business and Professions (B&P) Code which authorize a limited liability company (LLC) to become licensed as a real estate broker. Refer to: Sections 10158, 10159, 10159.2, 10170.5 10180, and 10211 of the (B&P) Code. Sections 2740 through 2746 of the Commissioner's Regulations.

Example New Property Manager Introduction Letter Dear Ms. I would like to take the time to introduce myself as the new Property Manager of enter address. If you have questions or concerns regarding your property, rent, or have a maintenance request please contact your site manager, Sarah Gill:

No, that would be a conflict of interest for the property manager or management company to own the property. They are unlike a landlord in that sense. Generally the properties being managed are being ran by an association and managed by a property manager or management company and either owned privately or publicly.

Choosing a Structure As a general rule, most property management companies choose to either establish a Limited Liability Corporation (LLC) or an unincorporated business entity (often called an S-Corp or C-Corp).

There are 6 basic steps to follow to transfer property to an LLC: Contact the lender. Form your LLC. Obtain an EIN. Set up an LLC bank account. Transfer property title. Update leases, permits, contracts, and utilities.