Real Estate Limited Partnership Agreement (USA)
Set up a USA limited partnership for purchasing investment real estate properties with this template Real Estate Limited Partnership Agreement.
Provisions of the Agreement include:
This United States Real Estate Limited Partnership Agreement is provided in MS Word format, and is easy to download, edit with your specific details, and print.
Provisions of the Agreement include:
- In addition to cash contributions to capital, the general partners will contribute to the partnership certain real estate property under a contract for purchase and sale. The partnership assumes all of the purchaser's obligations under this contract, except for the payment of costs associated with the purchase transaction, which will be paid by the general partners.
- Partnership profits and losses will be distributed among or borne by the partners in proportion to their capital contributions.
- Proceeds from the sale of any property or asset held by the partnership will be allocated among the partners in amounts equal to their cash contributions, and a portion of the balance allocated proportionately among the partners in proportion to their capital contributions.
- None of the partners will receive a salary or be entitled to draws for services rendered on behalf of the partnership.
- No Limited Partner shall have the right to substitute an assignee as contributor in his place.
This United States Real Estate Limited Partnership Agreement is provided in MS Word format, and is easy to download, edit with your specific details, and print.
File Details
| Price: | $25.00(CAD) |
| Document ID: | 7362 |
| Downloads: | 2 |
| Date Added: | 2006-08-01 |
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