Property Resource
The current type of ownership of the business being sold (e.g., Corporation, LLC, Sole Proprietor, Partnership).6/17/2021| Standard Value | Definition | Usage |
|---|---|---|
| Corporation | The ownership type of the business being sold is a corporation. | 13% |
| LLC | The ownership type of the business being sold is a limited liability corporation. | 6% |
| Partnership | The ownership type of the business being sold is a partnership. | 13% |
| Sole Proprietor | The ownership type of the business being sold is a sole proprietor. | 6% |