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Tampa Business Attorneys, Tampa Contract Lawyers, Tampa Real Estate Attorneys, Tampa Eviction Attorneys and Tampa Lease Lawyers.

What is a Triggering Event?

A triggering event is any event that will cause the transfer of ownership interests in a company or business entity.  Theoretically, our Tampa business attorneys and Tampa contract lawyers believe there are an infinite number of triggering events, depending upon the complexity of the buy-sell agreement. 

However, the most common types of triggering events are (1) the death of a shareholder, partner, member or owner of the business, (2) the suffering of a disability by a shareholder, partner, member or owner of the business that renders such person incapable of providing services to the business, (3) the desire of a shareholder, partner, member or owner of the business to retire, (4) the divorce or marital dissolution by an owner, shareholder, partner or member from his/her spouse, (5) the inability of shareholders, partners, members or owners of a business to continue to work together or, in other words, a dispute among shareholders, partners, members or owners of the business that renders the business relationship unworkable.

Our Tampa business attorneys and Tampa contract lawyers pride themselves in drafting buy-sell agreements, shareholder agreements, partnership agreements and operating agreements with clear and precise provisions that aid a business owner in Tampa, Florida in knowing their exact rights in the event of an occurrence of a triggering event.

If you are in need of a Tampa business attorney, Tampa contract lawyer, Tampa lease lawyer or Tampa real estate attorney to review, negotiate or prepare your contract or buy-sell agreement, or to handle your business, real estate or commercial transaction, please feel free to contact us at any time.

Kevin DiTanna, Hyde Park Law, Tampa business attorneys, Tampa contract lawyers, Tampa lease lawyers, Tampa eviction attorneys, Tampa real estate attorneys
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