Partnerships and Joint Ventures

Set up a general or limited partnership, joint venture or business alliance with these affordable easy-to-use Partnership and Joint Venture Forms.

A general partnership is a business arrangement in which two or more parties pool their resources and do business together under a single name and business identity. Setting up a partnership is an easy, lower-cost alternative to incorporating. The partners share responsibility for managing the partnership's affairs.

A limited partnership is an arrangement between several limited partners (investors) and a general manager who manages the business and is personally liable for the obligations of the partnership. The liability of the limited partners is limited to the amount of their investment, so long as they are not involved in managing the partnership.

A joint venture is a business relationship between two or more parties which is in essence a short fixed-term partnership, put together for a specific project or objective. Each of the joint venturers contributes expertise, capital and/or assets to the venture.

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Agreement to Dissolve Joint Venture

Dissolve a joint venture with this downloadable Joint Venture Dissolution Agreement.

  • This type of legal contract is typically used to terminate a joint venture when there will be ongoing rights or obligations after the venture has wound up, such as licensing or distribution income, outstanding costs and obligations to be settled, etc.
  • The venturers will sell the remaining assets and distribute the proceeds in accordance with a formula based on their capital contributi.....

Alberta Admission Agreement to Land Development Partnership

Bring on a new partner to an Alberta land development partnership with this Admission Agreement.

This Admission Agreement would be used to admit a new partner into a partnership which was formed for the purpose of constructing and developing a commercial office and retail project on land owned by one of the partners.

Provisions of the Admission Agreement include:
  • capital contribution to be made by the new partner;
  • covenants, representations and warra.....

Alberta Certificate for Units in Limited Partnership

Use this free template to prepare a Unit Certificate representing ownership of partnership units in an Alberta limited partnership. You can download the digital file or just copy and paste the text below and paste it into a new Word or text document.

(the “Partnership”)
Certificate No. ___________                               _____ UNITS

[NAME OF LI.....

Alberta Certificate of Limited Partnership

Prepare a Certificate of Limited Partnership with this easy-to-use template form for Alberta partnerships.

This form must be prepared by the General Partner, setting out the organizational details of the Limited Partnership, such as:
  • the purpose for the partnership,
  • the names and address of the general and limited partners,
  • the contributions of the original partners,
  • the share of profits to which each partner is entitled,
  • restric.....

Alberta General Partnership Agreement

Prepare a General Partnership Agreement for an Alberta partnership with this comprehensive template.

  • Net profits or losses will be shared or made up by the partners on a pro rata basis.
  • Additional capital contributions will also be made pro rata among the partners.
  • Provisions for designation of a managing partner.
  • Procedure for performing an annual valuation.
  • No assignment or transfer of a partner's interest is allowed without consen.....

Alberta Joint Venture Agreement

Set up a joint venture to do business in the Province of Alberta with this template Joint Venture Agreement.

  • One of the co-venturers will be the manager of the joint venture, and will be paid a management fee for doing so.
  • If a co-venturer dies, their interest will automatically pass to their spouse or children.
  • Each co-venturer has a right of first refusal and piggyback rights on the interest of the other parties, in the event of a sale or transfer.
  • .....

Alberta Land Development Partnership Agreement

Set up a partnership to develop and build a commercial office and retail project in Alberta with this Land Development Partnership Agreement template.

  • The Agreement is between the owner of the land to be developed, and a managing partner (the Operator) who will be lending money to the project.
  • Additional partners may be brought on if deemed necessary by the original partners.
  • The Operator will advance sufficient funds to the partnership which will be lent to.....

Alberta Notice of Amendment to Certificate of Limited Partnership

Give notice to interested parties of an amendment to the Certificate of Limited Partnership for an Alberta partnership with this free form. Download the file or simply copy and paste the following text.


The Certificate of Limited Partnership of [LIMITED PARTNERSHIP] (the “Partnership”), registered in the Office of the Registrar of Corporations on the _____ day of ______________, _______ .....

Alberta Partnership Dissolution Agreement

Wind up a general partnership in the Province of Alberta with this Partnership Dissolution Agreement.

  • One partner buys out the interest of the other partner and assumes the partnership's debts and obligations.
  • The remaining partner then continues to carry on the business of the partnership as a sole proprietorship.
  • This is a fully editable template which can be easily customized to fit your circumstances.

Download the Alberta Partnership Disso.....


Alberta Partnership Exit Agreement

Facilitate the exit of a partner and deal with their partnership interest with this Partnership Exit Agreement for an Alberta limited partnership.

  • The exiting partner's interest will be purchased by the general partner and the partnership.
  • Once the sale of its interest is complete, the exiting partner is relieved of its rights and obligations under the Partnership Agreement.
  • The purchasers will use b.....