What must a Limited Liability Partnership (LLP) include in its name?

A Limited Liability Partnership (LLP) must include the words "Limited Liability Partnership" or the abbreviation "LLP" in its name. This requirement serves a crucial purpose by clearly indicating to the public that the business structure provides limited liability to its partners, distinguishing it from other types of partnerships or business entities that may not offer the same level of personal protection against the business's debts and liabilities.

Incorporating "Limited Liability Partnership" or "LLP" in the name not only fulfills legal requirements but also informs clients, partners, and other stakeholders about the nature of the business. This transparency is vital as it enhances trust and clarity regarding the partners’ financial responsibilities and the protection afforded to them under the law.

Other choices do not hold relevance to the naming conventions for an LLP. For instance, the terms "Limited Partnership" or "Corporation" signify different types of business structures with unique implications and responsibilities, while "Real Estate Services" is not a legal requirement for an LLP and does not convey the partnership's liability status.