Gp 1 Form PDF Details

Setting up a partnership in California involves several steps, but one of the most important involves filing the GP-1 form, officially known as the Statement of Partnership Authority with the Secretary of State. This form, which comes with a $70.00 filing fee, is crucial for defining the scope of the partnership's authority, especially in terms of real estate. To be properly completed, it requires detailed information including the partnership's name, the addresses of the chief executive office and, if applicable, a California-based office. It goes further to demand the names and addresses of all partners or, alternatively, an appointed agent responsible for keeping such records. Also critical is the specification of which partners are authorized to execute real estate transactions on behalf of the partnership. Additional attachments may be included for more detailed information, so long as they adhere to the legal size and legibility standards. Beyond just the partnership's internal structure and operations, the form, with all its components, must be circulated among non-filing partners and recorded for real estate transfers to be valid. Thus, the GP-1 form not only serves as an official declaration of a partnership's creation but also as a transparent record of its operational boundaries and authority.

QuestionAnswer
Form NameGp 1 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names2006, California, form gp 1, htm

Form Preview Example

 

GP-1

File # _______________________________________

 

 

 

State of California

Document # __________________________________

Secretary of State

STATEMENT OF PARTNERSHIP AUTHORITY

A $70.00 filing fee must accompany this form.

IMPORTANT – Read instructions before completing this form.

This Space For Filing Use Only

PARTNERSHIP NAME

1. NAME OF PARTNERSHIP

OFFICE ADDRESSES (Do not abbreviate the city. Items 2 and 3 cannot be P.O. Boxes.)

2.

STREET ADDRESS OF CHIEF EXECUTIVE OFFICE

CITY AND STATE

 

ZIP CODE

 

 

 

 

 

3.

STREET ADDRESS OF CALIFORNIA OFFICE, IF ANY

CITY

STATE

ZIP CODE

CA

NAMES & ADDRESSES OF PARTNERS (Complete Item 4 with the names and mailing addresses of all the partners (attach additional pages if necessary) OR leave Item 4 blank and proceed to Item 5. Any attachments to this document are incorporated herein by this reference.)

4. NAME

ADDRESS

CITY AND STATE

ZIP CODE

 

 

 

 

NAME

ADDRESS

CITY AND STATE

ZIP CODE

 

 

 

 

NAME

ADDRESS

CITY AND STATE

ZIP CODE

APPOINTED AGENT (If Item 4 was not completed, complete Item 5 with the name and mailing address of an agent appointed and maintained by the partnership who will maintain a list of the names and mailing addresses of all the partners. If Item 4 was completed, leave Item 5 blank and proceed to Item 6.)

5. NAME

ADDRESS

CITY AND STATE

ZIP CODE

AUTHORIZED PARTNERS (Enter the name(s) of all the partners authorized to execute instruments transferring real property held in the name of the partnership. Attach additional pages if necessary. Any attachments to this document are incorporated herein by this reference.)

6. PARTNER NAME:

PARTNER NAME:

PARTNER NAME:

PARTNER NAME:

PARTNER NAME:

PARTNER NAME:

ADDITIONAL INFORMATION

7.ADDITIONAL INFORMATION SET FORTH ON THE ATTACHED PAGES, IF ANY, IS INCORPORATED HEREIN BY THIS REFERENCE AND MADE PART OF THIS DOCUMENT.

EXECUTION (If additional signature space is necessary, the dated signature(s) with verification(s) may be made on an attachment to this document. Any attachments to this document are incorporated herein by this reference.)

8.I CERTIFY UNDER PENALTY OF PERJURY UNDER THE LAWS OF THE STATE OF CALIFORNIA THAT THE FOREGOING IS TRUE AND CORRECT OF MY OWN KNOWLEDGE.

 

SIGNATURE OF PARTNER

DATE

TYPE OR PRINT NAME OF PARTNER

 

 

 

 

 

 

 

SIGNATURE OF PARTNER

DATE

TYPE OR PRINT NAME OF PARTNER

 

 

 

 

GP-1 (REV 11/2006)

 

 

APPROVED BY SECRETARY OF STATE

INSTRUCTIONS FOR COMPLETING THE STATEMENT OF PARTNERSHIP AUTHORITY (FORM GP-1)

For easier completion, this form is available on the Secretary of State's website at http://www.sOs.ca.gov/business/ and can be viewed, filled in and printed from your computer. The completed form can be mailed to Secretary of State, Document Filing Support Unit, P.O. Box 944225, Sacramento, CA 94244-2250 or delivered in person to the Sacramento office, 1500 11th Street, 3rd Floor, Sacramento, CA 95814. If you are not completing this form online, please type or legibly print in black or blue ink. This form is only filed in the Sacramento office.

Statutory filing provisions are found in California Corporations Code section 16303. All statutory references are to the California Corporations Code, unless otherwise stated.

•Unless otherwise provided in the Partnership Agreement, a person who files a Statement of Partnership Authority (Form GP-1) pursuant to Section 16105 shall promptly send a copy of the statement to every non-filing partner and to any other person named as a partner in the statement. (Sections 16103(b)(1) and 16105(e).)

•In order for a statement to be effective for real estate transfers, a certified copy of the statement issued by the Secretary of State must be recorded in the office for recording transfers of real properly. (Section 16105(b).)

FEES: The fee for filing Form GP-1 is $70.00. There is an additional $15.00 special handling fee for processing a document delivered in person to the Sacramento office. The special handling fee must be remitted by separate check for each submittal and will be retained whether the document is filed or rejected. The preclearance and/or expedited filing of a document within a guaranteed time frame can be requested for an additional fee (in lieu of the special handling fee). Please refer to the Secretary of State’s website at http://www.sOs.ca.gov/business/precexp.htm for detailed information regarding preclearance and expedited filing services. The special handling fee or preclearance and expedited filing services are not applicable to documents submitted by mail. Check(s) should be made payable to the Secretary of State.

COPIES: The Secretary of State will certify two copies of the filed document(s) without charge, provided that the copies are submitted to the Secretary of State with the document(s) to be filed. Any additional copies submitted will be certified upon request and payment of the $8.00 per copy certification fee.

Complete Form GP-1 as follows:

Item 1. Enter the name of the partnership.

Item 2. Enter the complete street address, including the zip code, of the chief executive office of the general partnership. Please do not enter a P.O. Box or abbreviate the name of the city.

Item 3. Enter the complete street address of an office in California if the chief executive office entered in Item 2 is not located in California. Please do not enter a P.O. Box or abbreviate the name of the city.

Items The partnership must provide either of the following: (Item 4) the names and mailing addresses of all of 4 & 5. the partners; OR (Item 5) the name and mailing address of an agent appointed and maintained by the partnership to provide the names and mailing addresses of all the partners pursuant to the provisions of

Section 16303(b). Attach additional pages, if necessary.

Item 6. Enter the names of all partners authorized to execute instruments transferring real property held in the name of the partnership. Attach additional pages, if necessary.

Item 7. Attach any other information to be included in the Statement of Partnership Authority, provided that the information is not inconsistent with law.

Item 8. Form GP-1 must be executed by at least two partners. (Section 16105(c).) If additional signature space is necessary, the signatures may be made on an attachment to the document.

Any attachments to Form GP-1 are incorporated by reference. All attachments should be 8 ½” x 11”, one-sided and legible.

How to Edit Gp 1 Form Online for Free

Handling PDF documents online is certainly surprisingly easy using our PDF tool. Anyone can fill out precexp here and try out a number of other options available. Our team is continuously working to expand the tool and help it become much easier for clients with its multiple features. Discover an endlessly progressive experience today - explore and uncover new possibilities as you go! For anyone who is seeking to get going, here's what it requires:

Step 1: Simply press the "Get Form Button" at the top of this site to start up our pdf editing tool. This way, you'll find all that is required to fill out your file.

Step 2: As you open the PDF editor, you will notice the document made ready to be filled in. Aside from filling out various blanks, you may as well do several other actions with the Document, particularly writing your own text, modifying the initial text, inserting illustrations or photos, placing your signature to the PDF, and a lot more.

This document requires specific information; in order to ensure consistency, take the time to take note of the next tips:

1. It is critical to fill out the precexp correctly, so be mindful while working with the areas containing all these blank fields:

11th conclusion process outlined (portion 1)

2. After the first selection of blank fields is done, go on to type in the applicable details in all these - NAME, NAME, NAME, ADDRESS, ADDRESS, ADDRESS, CITY AND STATE, CITY AND STATE, CITY AND STATE, ZIP CODE, ZIP CODE, ZIP CODE, APPOINTED AGENT If Item was not, NAME, and ADDRESS.

CITY AND STATE, NAME, and ZIP CODE in 11th

3. The next section should be quite uncomplicated, I CERTIFY UNDER PENALTY OF PERJURY, SIGNATURE OF PARTNER, DATE, TYPE OR PRINT NAME OF PARTNER, SIGNATURE OF PARTNER, DATE, TYPE OR PRINT NAME OF PARTNER, GP REV, and APPROVED BY SECRETARY OF STATE - every one of these empty fields is required to be completed here.

11th completion process explained (part 3)

In terms of SIGNATURE OF PARTNER and I CERTIFY UNDER PENALTY OF PERJURY, be sure you review things in this section. Both these are definitely the most important fields in the form.

4. To move ahead, the next part requires typing in a handful of form blanks. Examples include this, form, is available on, For easier completion the, Unless otherwise provided in the, In order for a statement to be, filed or rejected, the document, for each submittal and will be, and FEES The fee for filing Form GP is, which you'll find vital to carrying on with this document.

How you can fill out 11th part 4

5. The final point to finalize this form is critical. You'll want to fill in the necessary form fields, for example FEES The fee for filing Form GP is, partnership Please do not enter a, Item Enter the complete street, is not located in California, Items, The partnership must provide, and Item Enter the names of all, before submitting. Neglecting to do so may lead to a flawed and potentially unacceptable document!

11th writing process shown (stage 5)

Step 3: Prior to submitting your form, check that all blanks have been filled in properly. As soon as you’re satisfied with it, press “Done." After getting a7-day free trial account with us, you'll be able to download precexp or send it through email right away. The PDF file will also be accessible from your personal account with all of your adjustments. Here at FormsPal.com, we endeavor to make sure that all of your details are kept protected.

Gp 1 Form isn’t the one you’re looking for?

Related Documents