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Why should you use an attorney as your registered agent?

Why should you use an attorney as your registered agent?

business attorneysAs a corporate officer or a company manager, you act on behalf of the entity. To be at your most effective, and to ensure that your personal assets are properly protected, you will need to employ a professional to act on your behalf with regard to legal matters and certain business transactions.

Hiring an Orlando real estate attorney will satisfy this requirement, but only if you make your real estate attorney Orlando your registered agent. 

Saving Yourself From Awkward and Embarrassing Moments 

Serving as your own registered agent may save you a little money, and you may feel as though you are cutting out the proverbial middleman in such a move. But doing this puts your company at risk. A registered agent has certain obligations to the entity under Florida Statutes, if you do not employ your Orlando real estate lawyer as your registered agent, you may be served with a summons and miss a critical deadline. If you miss a critical deadline, you could end up having a default judgment filed against the entity, which is why it is so important to have real estate lawyers Orlando, such as the lawyers at Nishad Khan P.L. who can serve as registered agents for your entity. 

Your Attorney is Better Equipped 

You will be better off engaging your lawyer as your company’s registered agent. Business law attorneys Orlando are well-trained to do this job. With a business lawyer serving in this position, you will be notified if your company is ever served with a summons. If retained to handle the matter, your lawyer will also promptly review and evaluate the lawsuit so that your lawyer can discuss it with you then prepare a response to it based on your discussion.

Orlando real estate attorneys have the experience necessary to quickly assess the merits and the potential threat of any demand or lawsuit, which is launched against your company. They can tell you whether there is an adequate basis for such a legal action against you or your business. They can also act on your business’ behalf before the court.

At times, a lawsuit may be nothing more than a nuisance that a lawyer could move to dismiss. However, if you receive a summons containing serious allegations, which may expose your business or yourself to some liability, it is important to engage your lawyer as quickly as possible so that your lawyer will move just as quickly to assess the situation, then prepare and timely submit any responses or affirmative defenses. The bottom line is that it is better to have a legal professional deal with such matters. 

Corporate Governance Requirements 

With your lawyer acting as your registered agent, your lawyer will be responsible for carrying out the obligations as set forth in the Florida Statutes. Such obligations may include, without limitation, receiving service of process documents, official notices, or demands on behalf of the organization and ensuring such documentation is forwarded to the principals of the entity.

For your lawyer to be appointed registered agent, your lawyer will need to affirmatively accept their obligations, as a registered agent, under Florida Statutes, by signing the Articles for the applicable entity. Keep in mind that your registered agent must have a physical street address in Florida, a post office box address will not be accepted. If you need assistance setting up for entity, Orlando business law lawyers can help you with the preparation and filing of your entity documents. Orlando business law lawyers may also offer registered agent services for your entity.

The business law lawyers Orlando at Nishad Khan P.L. are well-qualified to serve as registered agents for your entity.

 

 

The Orlando Real Estate Attorneys at the Law Offices of Nishad Khan P.L. serve clients with Residential, Commercial, and Investment Real Estate Transactions. Let our expertise in Central Florida Real Estate help you.