Definition: a business entity that features protection from personal liability but with fewer legal restrictions compared with other business entities
Pronunciation: \ˈli-mə-təd\ \ˌlī-ə-ˈbi-lə-tē\ \ˈpärt-nər-ˌship\
Used in a Sentence: A limited liability partnership is popular in real estate ventures.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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