Sale and Assignment of Partnership Interest | USA
Sell your interest in a partnership with this Sale and Assignment of Partnership Interest form for United States partnerships.
- The buyer of the interest becomes a partner and assumes all of the seller's obligations under the Partnership Agreement.
- Each of the parties indemnifies the other against claims and damages.
- The form includes the consent of the remaining partners to the sale of the interest.
- The assignment is governed by the laws of the State in which the partnership was formed.
- This legal form template is fully editable to fit your specific circumstances.
Last Updated: 13-April-2022