Episodes
Wednesday Sep 07, 2022
Ep. 154 | Ferd Niemann on Why and When Do I Need A PPM Over a Joint Venture
Wednesday Sep 07, 2022
Wednesday Sep 07, 2022
The Private Place Memorandum (PPM) is executed in a legal document that each and every single person has. It contains a unique aspect relating to the individual, but also to the public.
Even though a PPM by its nature is private, in this episode, you'll be able to learn the reasons why you should do one and why most people do not like to write privately because of the possible self-disclosure.
Highlights of the episode:
00:00:38 Podcast Intro
00:01:13 Why People Don’t Like PPMs
00:03:00 Security
00:05:06 Capitalization
00:06:08 Two Types of Offerings
00:09:42 Third-Party Verification
00:14:54 Debt and Equity
00:17:00 Depreciation Allocation
00:17:21 Member Ownership
00:18:09 Key Manager Fees
00:23:23 Post Raids
00:29:16 Closing
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
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LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
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#PPM
#dataprivacy
#legaldocuments
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