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Select the right management structure for your LLC.
Attorney-reviewed, state-specific forms ready for instant download.
Appointed managers run daily operations while members are passive investors
All members participate in business decisions and management
| Feature | With Warranty | As-Is (No Warranty) |
|---|---|---|
| Seller Liability | Makes guarantees about condition | Makes no guarantees |
| Buyer Protection | Protected against hidden defects | Accepts all risks and defects |
| Common Uses |
Standard sales
Good condition items Known history |
Estate sales
Unknown condition Distressed property |
| Price Expectation | Standard market value | Typically lower (reflects risk) |
| Legal Recourse | Seller can be sued for false claims | Seller protected from most claims |