The Oregon Limited Liability Operating Agreement for Manager Managed Real Estate Development with Specification of Different Amounts of Capital Contributions by Members is a legal document that outlines the structure and guidelines for a real estate development project in Oregon. This agreement is specifically designed for projects that involve multiple members who will be contributing different amounts of capital. The purpose of this agreement is to establish a clear framework for the management and operation of the real estate development venture. It outlines the roles and responsibilities of the members, specifies the different amounts of capital contributions expected from each member, and defines the decision-making process within the project. This operating agreement provides protection and legal clarity for all parties involved. It ensures that each member's rights and obligations are clearly defined, mitigating potential conflicts and disputes that may arise during the course of the project. The Oregon Limited Liability Operating Agreement for Manager Managed Real Estate Development with Specification of Different Amounts of Capital Contributions by Members can be customized according to the specific needs and requirements of the real estate project. It allows for flexibility in terms of capital contributions, enabling members to invest varying amounts based on their financial capabilities and anticipated returns. Some possible variations or types of this operating agreement might include: 1. Basic Oregon Limited Liability Operating Agreement for Manager Managed Real Estate Development: This is the standard version of the agreement that details the general guidelines for a real estate development project with multiple members and different capital contributions. 2. Oregon Limited Liability Operating Agreement for Manager Managed Residential Real Estate Development: This version is specifically tailored for residential real estate developments, outlining considerations unique to housing projects such as homeowner association rules and property management provisions. 3. Oregon Limited Liability Operating Agreement for Manager Managed Commercial Real Estate Development: This variation focuses on commercial real estate projects, providing provisions relevant to activities like leasing, tenant management, and property maintenance. 4. Oregon Limited Liability Operating Agreement for Manager Managed Mixed-Use Real Estate Development: This type of agreement is suitable for projects that combine both residential and commercial elements. It addresses the complexities and considerations associated with mixed-use developments. In conclusion, the Oregon Limited Liability Operating Agreement for Manager Managed Real Estate Development with Specification of Different Amounts of Capital Contributions by Members is a crucial legal document that outlines the structure and guidelines for real estate development projects. It can be customized to fit various scenarios, including residential, commercial, or mixed-use developments, ensuring clarity and protection for all involved parties.