Related products
Partnership Dissolution Agreement | USA
Wind up a general partnership in the United States with this USA Partnership Dissolution Agreement.
- The partnership's books will be audited and a dissolution bank account set up, into which the capital account will be transferred, along with any additional sums necessary to pay the partnership debts and liabilities.
- One partner transfers all title and interest in the partnership's assets to the other partner, who will pay an agreed purchase price for the departing partner's interest and take over the business.
- Available in MS Word format and fully customizable.
- Intended to be used only in the United States.
$12.49
Real Estate General Partnership Agreement | USA
Set up a general partnership for buying, developing and leasing real estate properties with this USA Real Estate General Partnership Agreement template.
- Cash flow of the partnership will be distributed among the partners in the same proportion as profits and losses are allocated.
- If the income produced by the partnership properties is not sufficient to pay operating costs, the partners will contribute additional funds in proportion to their capital interests.
- If a partner fails to make his/her contribution, the other partners may contribute additional funds, which may be treated either as additional capital or as a loan to the defaulting partner.
- A partner may transfer all or part of his interest to or for the benefit of a spouse or descendant(s).
- If a partner wants to transfer all or part of his interest to someone other than a family member, the other partners have a first right of refusal to purchase the interest.
- The partnership can be terminated by a majority vote (based on interests). Upon termination the partnership assets will be sold and any net proceeds will be distributed to the partners in proportion to their capital interests.
- The USA Real Estate General Partnership Agreement template is available as a downloadable Microsoft Word file, which is fully customizable to meet your needs.
$29.99
USA Partnership Agreement to Create General Partner Entity
Set up a partnership which will act as the general partner of a limited partnership with this USA Partnership Agreement template.
- The partnership being formed by the agreement will be managed by a managing partner.
- The managing partner will have control of the day-to-day business operations, and will be responsible for all tax matters. All matters outside of the day-to-day business will be decided by a majority vote of all partners.
- The partners will devote a necessary amount of time and attention to the partnership business, but are not restricted from involvement in other businesses, whether they compete with the partnership business or not.
- Admission to the partnership is limited to the managing partner, its CEO and the other officers and directors of the managing partner.
$29.99
