Legal Question in Business Law in Florida

Transfer of Business

I bought a business in Ocala. Do I have to buy a new fictious name for the business when we (seller and buyer) have agreed to keep the same name?

If yes, What form is needed to protect the seller?


Asked on 10/27/03, 7:55 am

2 Answers from Attorneys

Craig Dorne Craig M. Dorne, PA

Re: Transfer of Business

NOTE: This communication is NOT intended as and should NOT be interpreted as legal advice. Rather, it is ONLY provided FOR a general discussion of legal principles. The facts you provided DO NOT provide ALL of the details necessary to FULLY and PROPERLY respond to the question you have posed. You should NOT rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney�s individualized advice for you. By reading the Response below, you AGREE: (i) that the opinion expressed is NOT intended to be legal advice and DOES NOT constitute legal advice to you or any person reviewing such information; and (ii) DOES NOT, create any attorney-client relationship and WILL NOT be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Reply: The question is what did you buy. Did you buy the existing name as part of the purchase? Are you operating under a corporation or sole proprietorship? Give us a call or another attorney in your area. Craig Dorne 305-534-4757.

Read more
Answered on 10/27/03, 11:20 am
Euribiades Cerrud II The PCB Firm, P.A.

Re: Transfer of Business

Both of you cannot agree to keep the same name because, if you got the name as part of what you purchased, the Florida Department of State will not issue a fictitious name equal to that of an existing corporation.

Read more
Answered on 10/27/03, 1:45 pm


Related Questions & Answers

More Business Law questions and answers in Florida