Membership Interest Purchase Agreement — Puerto Rico (Word, English + Spanish)
by Keystone Legal Forms
$69
Membership Interest Purchase Agreement — Puerto Rico
A complete, professionally drafted form for an LLC member who is selling his or her entire interest and leaving — to another member, to the company (a redemption) or to a newcomer — with the price paid at closing or over time. Instant download: Word (.docx) files you fill in yourself, with a plain-language Instruction Sheet that walks you through every field.
WHAT YOU GET (both English and Spanish versions of every file)
Purchase Agreement: Key Terms table + 10 articles — price and payment (cash or note with set-off), closing deliveries, representations of seller, buyer and company, resignation and mutual releases, non-solicitation and optional non-competition, allocation of the year's profits, taxes, disputes
Schedule 1 Assignment of Interest · Schedule 2 Seller's Resignation · Schedule 3 Spousal Consent · Schedule 4 Promissory Note
Instruction Sheet: who buys (member, company, newcomer) explained, paying over time, non-competition, community property, after-closing checklist (bank, state filings, taxes), when the form is not enough
13-page form + 6-page Instruction Sheet, in each language
WHY A PUERTO RICO-SPECIFIC FORM
Generic U.S. templates cite rules that do not apply in Puerto Rico. This form is drafted for Puerto Rico from a blank page: local terminology and filing offices, Hacienda withholding and IVU, community property (sociedad legal de gananciales), and every citation in it was verified before publication. Every form opens with a Key Terms table that holds every fill-in field and every choice in one place. Last reviewed November 2026.
HOW IT WORKS
Purchase and download instantly (Word .docx files — open in Microsoft Word, Google Docs or LibreOffice).
Open the Instruction Sheet first. It explains every field in plain language, in the order it appears.
Replace each yellow [BRACKETED FIELD] in the form with your information.
Delete the cover page, print or sign electronically, and keep the signed copy with your records.
FORMAT
Microsoft Word .docx (editable), US Letter, Times New Roman. Every field is highlighted in yellow and explained in the Instruction Sheet. Delivered as a .zip with the English and Spanish versions.
SUPPORT
This is a no-support product by design: the Instruction Sheet answers the questions buyers ask. It includes a section titled "When this form is not enough" that tells you plainly when to see an attorney instead.
IMPORTANT: This is a self-completion legal form template sold for informational purposes. Nothing in this listing or in these forms constitutes legal advice. Keystone Legal Forms is not a law firm nor a legal services provider; no attorney-client relationship is created by this purchase. Rules change and every situation is different: consult your own legal and tax advisors and other professionals in connection with these documents and before signing any of them. Because this is a digital download, all sales are final once the files have been delivered.