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

    Real Estate Limited Partnership Agreement | USA


    Create a limited partnership for purchasing investment real estate properties in the USA under this Real Estate Limited Partnership Agreement.

    • 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 template is provided in MS Word format, and is easy to download, edit with your specific details, and print.
    • This legal form is governed by the laws of the United States.
    Download Type: Microsoft Word
    Last Updated: 24-January-2022
    SKU: 7362
    Customers who bought this item also bought

    USA Limited Partnership Agreement


    Set up a USA limited partnership between a general partner and several limited partners with this Limited Partnership Agreement template.

    • The General Partner will not be required to contribute any cash to the capital of the Partnership. The Limited Partners must each purchase a minimum number of units.
    • The limited partners are not liable for the debts or liabilities of the Partnership and are not required to make additional capital contributions.
    • The liability exposure of the limited partners is limited to the amount of the subscription paid by each of them for their partnership units.
    • The General Partner has full authority in the management of the Partnership.
    • The agreement includes provisions for withdrawal of the General Partner and assignment of a partnership interest. The Partnership has a right of first refusal to purchase the withdrawing partner's units.
    This USA Limited Partnership Agreement template is provided in MS Word format, and is easy to download, edit with your specific details, and print.

    USA Declaration of Nominee Trust


    Keep your assets out of probate when you die with this USA Declaration of Nominee Trust.

    • A nominee trust is a trust created for the purpose of holding property on behalf of beneficiaries whose identities are kept secret.
    • The trustee's sole duty is to hold the trust property and pay over any trust income to the beneficiaries. The trustee has no power to deal with the property except as directed by the beneficiaries.
    • Unless terminated earlier by one or more beneficiaries, the trust will automatically terminate twenty years after its effective date.
    • The trust will not be administered by any court.
    • Any termination of the trust, amendments to the Trust Declaration, and any changes in trustees must be recorded in the county records.

    It's never to early to start your estate planning. Buy the USA Declaration of Nominee Trust and get started on yours now.

    USA Real Estate Purchase and Sale Agreement


    Sell a real estate property in the United States with this template USA Real Estate Purchase and Sale Agreement.

    • Fixtures. The property is being sold with all the attached fixtures, including window coverings.
    • Encumbrances. The property will be free of any encumbrances on title except for existing zoning laws, party wall agreements, easements, and the like.
    • Title Defects. If the seller is unable to perfect title or make the property conform to all building and zoning laws within the time agreed to by the parties, all payments made by the buyer will be refunded and the agreement will be void. However, the buyer has the option to elect to accept the property even if the title has not been perfected.
    • Adjustments. All rents, taxes, mortgage interest and other charges with respect to the property will be adjusted as of the closing date.
    • Default by Buyer. If the buyer defaults in fulfilling any of its obligations, the seller may keep any amounts paid as liquidated damages.
    • Financing Condition. The sale is conditioned upon the buyer obtaining mortgage financing.
    • Lead Disclosure. The agreement includes the required Lead Paint Disclosure form.
    This USA Real Estate Purchase and Sale Agreement is available in MS Word format and is fully editable. This is not a State-specific form. Some States may have certain requirements as to the type of contract form used.