About this document
This partnership dissolution agreement is suitable for most partnership situations – large or small, in any business. It is applicable whether or not you have a current partnership agreement in place. It deals with all of the necessary basic provisions. Without a dissolution agreement, partners are certain to disagree after the event as to their respective entitlements.
Application and features
- Very flexible to suit most partnership dissolutions;
- Suitable for any type of business;
- Extensive guidance notes in plain English.
Contents
- Sets out the basic partnership now;
- Dissolution required now or at a date in near future;
- One of partners may be asked to act as administrator of the dissolution;
- Records the assets;
- Partners may buy assets individually;
- Disposal of remainder of assets;
- Accounts and distribution;
- Efficient procedures;
- Asset schedule;
- Other paragraphs to protect your interests.
Draftsman
This document is drawn and maintained by qualified lawyers at Net Lawman. It is real law in plain English.
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