(0) items
You have no items in your shopping cart.
All Categories

    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 warranties of each of the parties;
      • cash distributions and repayments to be made to original partners at the time of the new partner's buy-in;
      • amendments to be made to the original Partnership Agreement, including allocation of partnership profit or loss;
      • a management committee appointed by the partners will be responsible for managing and operating the partnership affairs.
    • This template is in MS Word format and is fully editable to fit your circumstances.
    • Intended to be used in the Province of Alberta, Canada.
    Download Type: Microsoft Word
    Last Updated: 29-September-2022
    SKU: 3944