Your LLC Governance
Each LLC you hold a stake in independently determines its own operation model. Review your LLC operation models, committee roles, and governance decisions below.
How LLC Governance Works: Each LLC determines its own property operation model through its committee and member governance process. Equity & Estate provides tools, templates, and service options — but does not control how individual LLCs operate. Your voting rights and distribution entitlements are governed by the LLC Operating Agreement.
Your Committee Roles
- Chair committee meetings
- Review annual operating budget
- Approve major maintenance
- +2 more
LLC Operation Models
The active operation model for each LLC is selected by the LLC Committee and approved via member vote where required. You may participate in model changes through governance proposals.
- Day-to-day operations
- Tenant management
- Maintenance coordination
- Rental marketing
- Monthly reporting
- Professional expertise
- Passive for members
- Established vendor networks
- Higher fees
- Less direct control
- Operator replacement requires vote
Important: Operation model changes require committee review and, where applicable, a member governance vote as specified in the LLC Operating Agreement. Contact the LLC Committee or platform support to initiate a proposal.