Brokerage Disclosure
This Brokerage Disclosure (“Disclosure”) is provided by LINORP LLC, doing business as LINORP Business Advisors and Accounting (“LINORP,” “we,” “us,” or “our”), a business brokerage and advisory firm serving Maryland, Virginia, Washington, DC, Pennsylvania, and West Virginia.
This Disclosure explains how LINORP represents parties in business transactions and clarifies the nature of our brokerage services.
1. Role of LINORP
LINORP acts as a business intermediary and advisor in connection with the sale, purchase, valuation, or transfer of privately held businesses.
LINORP:
Is not a law firm
Is not a lender
Is not an investment advisor
Does not provide legal or tax advice, unless explicitly stated in writing
Clients are encouraged to consult their own attorneys, CPAs, lenders, and financial advisors.
2. Representation of Parties
Depending on the engagement and written agreement, LINORP may act as:
Seller’s Representative
Buyer’s Representative
Intermediary / Transaction Facilitator
Dual Representative, where permitted by law and disclosed in writing
The exact nature of representation will be outlined in a separate written engagement agreement.
3. Dual Agency / Dual Representation Disclosure
In some transactions, LINORP may represent both the buyer and the seller or act as an intermediary between both parties.
When dual representation is permitted:
LINORP will disclose such representation in writing
Both parties must provide informed consent
LINORP will remain neutral and will not favor one party over the other
Certain fiduciary duties (such as advocating price or terms for one side) may be limited
4. Confidentiality
LINORP treats client and transaction information as confidential, subject to:
Client authorization
Transaction necessity
Legal or regulatory requirements
Confidential information may be shared with:
Qualified buyers or sellers
Lenders or financial institutions (with consent)
Attorneys, accountants, or advisors involved in the transaction
Additional Non-Disclosure Agreements (NDAs) may be required prior to releasing sensitive information.
5. No Guarantee of Transaction or Outcome
LINORP does not guarantee:
That a business will sell
That a buyer will be found
That financing will be approved
Any valuation, price, or transaction outcome
The accuracy of financial information provided by third parties
All transactions involve risk, and clients are responsible for conducting their own due diligence.
6. Reliance on Information Provided
LINORP relies on information provided by sellers, buyers, and third parties, including financial statements, tax returns, and operational data.
LINORP:
Does not independently audit or verify all information
Makes no warranty as to the completeness or accuracy of such information
Encourages all parties to independently verify all material facts
7. Compensation Disclosure
LINORP may receive compensation in the form of:
Brokerage commissions
Advisory fees
Success fees
Referral fees (where permitted by law)
Compensation terms are disclosed in writing through engagement agreements. Referral compensation, if applicable, will be disclosed in accordance with applicable laws.
8. Lender & Third-Party Referrals
LINORP may refer clients to third-party lenders, attorneys, accountants, or service providers.
LINORP does not control third-party decisions or outcomes
Any agreement with third parties is solely between the client and that party
LINORP is not responsible for third-party actions, services, or advice
9. Limitation of Liability
To the fullest extent permitted by law:
LINORP is not liable for transaction failure, lost profits, or business outcomes
LINORP is not responsible for decisions made by buyers, sellers, or lenders
Clients assume full responsibility for their business decisions
10. Governing Law
This Disclosure is governed by the laws of the State of Maryland, without regard to conflict of law principles.
11. Acknowledgment
By engaging LINORP’s services or using linorp.com, you acknowledge that you have read, understand, and agree to this Brokerage Disclosure.
12. Contact Information
LINORP LLC
DBA: LINORP Business Advisors and Accounting
Serving: MD, VA, DC, PA, WV
Email: [linorpbusinessadvisors@gmail.com]
Phone: +1 (571)-430-9059
Website: https://www.linorp.com
“All listings and transactions are subject to LINORP’s Brokerage Disclosure.”
