This form is required by state law to be filed with the county Register of Deeds Office when a previously registered assumed name is transferred to another business. This filing does not relieve transferee(s) of the obligation to file a Certificate of Assumed Name.
Cary North Carolina Transfer of Assumed Name by Sole Proprietorship, Partnership, Limited Partnership is the process of formally transferring the ownership or rights to an assumed name from one entity to another in Cary, North Carolina. This transfer may involve a sole proprietorship, a partnership, or a limited partnership. In Cary, North Carolina, proprietors who conduct business under an assumed name are legally required to register that name with the appropriate authorities. When a sole proprietorship or partnership decides to transfer the assumed name to another person or entity, it must go through the official process of transferring the registration. The transfer process starts with the current owner, who is the assumed name registrant, filing a Transfer of Assumed Name form with the relevant authorities. This form typically requires information such as the current registrant's name, business address, the assumed name being transferred, and the name and contact details of the transferee (the new owner). It is important to mention that if the transfer involves a partnership or limited partnership, additional documentation may be required. This can include the partnership agreement or the certificate of limited partnership, depending on the structure of the business. Once the Transfer of Assumed Name form is completed and submitted, the relevant authorities will review the request and process the transfer if all requirements are met. The transferred assumed name will then be officially registered under the new owner's name or entity. If there are multiple types of transfers, they can be categorized as follows: 1. Transfer of assumed name by a sole proprietorship: This type of transfer involves the transfer of an assumed name from an individual operating a business as a sole proprietor to another individual, entity, or organization. 2. Transfer of assumed name by a partnership: When a partnership decides to transfer an assumed name to another partnership or entity, the transfer process mentioned above needs to be followed. The partnership's legal entity usually remains the same, but the rights to use the assumed name are transferred. 3. Transfer of assumed name by a limited partnership: Similar to the partnership transfer, the limited partnership transfer involves the transfer of the assumed name rights from one limited partnership to another limited partnership or entity. The limited partnership's legal structure remains intact, but the assumed name ownership changes. In conclusion, the Cary North Carolina Transfer of Assumed Name by Sole Proprietorship, Partnership, Limited Partnership refers to the formal process of transferring the ownership or rights of an assumed name from one entity (sole proprietorship, partnership, or limited partnership) to another. Through the completion of the Transfer of Assumed Name form and adhering to relevant requirements, the assumed name can be officially registered under the new owner's name or entity in Cary, North Carolina.Cary North Carolina Transfer of Assumed Name by Sole Proprietorship, Partnership, Limited Partnership is the process of formally transferring the ownership or rights to an assumed name from one entity to another in Cary, North Carolina. This transfer may involve a sole proprietorship, a partnership, or a limited partnership. In Cary, North Carolina, proprietors who conduct business under an assumed name are legally required to register that name with the appropriate authorities. When a sole proprietorship or partnership decides to transfer the assumed name to another person or entity, it must go through the official process of transferring the registration. The transfer process starts with the current owner, who is the assumed name registrant, filing a Transfer of Assumed Name form with the relevant authorities. This form typically requires information such as the current registrant's name, business address, the assumed name being transferred, and the name and contact details of the transferee (the new owner). It is important to mention that if the transfer involves a partnership or limited partnership, additional documentation may be required. This can include the partnership agreement or the certificate of limited partnership, depending on the structure of the business. Once the Transfer of Assumed Name form is completed and submitted, the relevant authorities will review the request and process the transfer if all requirements are met. The transferred assumed name will then be officially registered under the new owner's name or entity. If there are multiple types of transfers, they can be categorized as follows: 1. Transfer of assumed name by a sole proprietorship: This type of transfer involves the transfer of an assumed name from an individual operating a business as a sole proprietor to another individual, entity, or organization. 2. Transfer of assumed name by a partnership: When a partnership decides to transfer an assumed name to another partnership or entity, the transfer process mentioned above needs to be followed. The partnership's legal entity usually remains the same, but the rights to use the assumed name are transferred. 3. Transfer of assumed name by a limited partnership: Similar to the partnership transfer, the limited partnership transfer involves the transfer of the assumed name rights from one limited partnership to another limited partnership or entity. The limited partnership's legal structure remains intact, but the assumed name ownership changes. In conclusion, the Cary North Carolina Transfer of Assumed Name by Sole Proprietorship, Partnership, Limited Partnership refers to the formal process of transferring the ownership or rights of an assumed name from one entity (sole proprietorship, partnership, or limited partnership) to another. Through the completion of the Transfer of Assumed Name form and adhering to relevant requirements, the assumed name can be officially registered under the new owner's name or entity in Cary, North Carolina.
