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.
The Wake North Carolina Transfer of Assumed Name by Sole Proprietorship, Partnership, Limited Partnership refers to the process of officially transferring the ownership of an assumed name from one type of business entity to another in the Wake County area of North Carolina. This legal procedure allows businesses operating under an assumed name (a name different from the owner's legal name) to transfer the rights, responsibilities, and liabilities associated with the assumed name to another business entity. There are three distinct types of transfer methods depending on the existing business structure: 1. Transfer of Assumed Name by Sole Proprietorship: When a sole proprietor wants to transfer their assumed name to a different business entity, they need to follow the Wake North Carolina Transfer of Assumed Name process. This allows them to legally assign the assumed name along with all related business operations, assets, and liabilities to a partnership or limited partnership. 2. Transfer of Assumed Name by Partnership: In the case of a partnership operating under an assumed name, the transfer process involves the transfer of both the partnership and the assumed name to another entity. This transfer allows the new business entity to assume all obligations, contracts, and legal rights previously held by the partnership under the assumed name. 3. Transfer of Assumed Name by Limited Partnership: For a limited partnership that holds an assumed name and wishes to transfer it to another business entity, the Wake North Carolina Transfer of Assumed Name procedure needs to be followed. This legal process ensures that the assumed name, along with its associated business assets and liabilities, is effectively transferred to another entity. To initiate the transfer process, all parties involved are required to fill out the necessary transfer forms from the Wake County Clerk of Superior Court office. These forms must include details such as the legal name of the original business entity, the assumed name being transferred, the new business entity to which the name is being transferred, and other relevant information. It is important to note that the transfer of an assumed name by sole proprietorship, partnership, or limited partnership in Wake County, North Carolina can have legal implications, and it is advisable to consult with an attorney or seek professional guidance throughout the process to ensure compliance with local laws and regulations. Keywords: Wake North Carolina, transfer of assumed name, sole proprietorship, partnership, limited partnership, business transfer, legal procedure, Wake County Clerk of Superior CourtThe Wake North Carolina Transfer of Assumed Name by Sole Proprietorship, Partnership, Limited Partnership refers to the process of officially transferring the ownership of an assumed name from one type of business entity to another in the Wake County area of North Carolina. This legal procedure allows businesses operating under an assumed name (a name different from the owner's legal name) to transfer the rights, responsibilities, and liabilities associated with the assumed name to another business entity. There are three distinct types of transfer methods depending on the existing business structure: 1. Transfer of Assumed Name by Sole Proprietorship: When a sole proprietor wants to transfer their assumed name to a different business entity, they need to follow the Wake North Carolina Transfer of Assumed Name process. This allows them to legally assign the assumed name along with all related business operations, assets, and liabilities to a partnership or limited partnership. 2. Transfer of Assumed Name by Partnership: In the case of a partnership operating under an assumed name, the transfer process involves the transfer of both the partnership and the assumed name to another entity. This transfer allows the new business entity to assume all obligations, contracts, and legal rights previously held by the partnership under the assumed name. 3. Transfer of Assumed Name by Limited Partnership: For a limited partnership that holds an assumed name and wishes to transfer it to another business entity, the Wake North Carolina Transfer of Assumed Name procedure needs to be followed. This legal process ensures that the assumed name, along with its associated business assets and liabilities, is effectively transferred to another entity. To initiate the transfer process, all parties involved are required to fill out the necessary transfer forms from the Wake County Clerk of Superior Court office. These forms must include details such as the legal name of the original business entity, the assumed name being transferred, the new business entity to which the name is being transferred, and other relevant information. It is important to note that the transfer of an assumed name by sole proprietorship, partnership, or limited partnership in Wake County, North Carolina can have legal implications, and it is advisable to consult with an attorney or seek professional guidance throughout the process to ensure compliance with local laws and regulations. Keywords: Wake North Carolina, transfer of assumed name, sole proprietorship, partnership, limited partnership, business transfer, legal procedure, Wake County Clerk of Superior Court
