The partnership agreement must state the name of the partnership for legal purposes. The name of the partnership can be a list of the partners' names, for example, "Smith, Jones and Harris," or a ...

Under the template for a 50/50 partnership agreement, each partner shares equally in any profit or loss generated from the business. In addition, each partner has an equal voice in managing the ...

Even in buyouts with a partnership agreement, it is common to hire a lawyer experienced in mergers and acquisitions. Legal requirements can be complex and may vary by state. For example, ...

If you are running your business with one or more partners, having a clear and complete partnership agreement in place is essential for those moments when the group doesn’t quite see eye to eye.

Exit clauses are standard in partnership agreements. For example, if you want out, your partner may be obligated to purchase your ownership share. That's the easy part.

Partnership agreements are written documents that explicitly ... the circumstances under which the agreement could be amended, for example. ... agreements are cross-purchase agreements, ...

A shared equity finance agreement allows multiple parties to go in on the purchase of a property, splitting the equity ownership accordingly. This type of arrangement is often structured when one ...