Law4US makes entering into a Partnership agreement relatively easy. Our Partnership agreement is commonly used when two or more people wish to combine their efforts to start/operate a business together and to share responsibilities. It is suitable for use in all Australian states and territories.
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The Law4US Partnership Agreement is used when two or more people wish to combine their efforts with the view to starting/operating a business together. The Partnership Agreement formalises the relationship, defines responsibilities and details the agreement between the parties as regards equity, profit sharing and many others areas.
The entities to a partnership can be companies, individuals or trusts. Partnerships are also used by a number of professions where the parties can only legally combine through partnership (as against incorporation).
Partnerships are governed by the Partnership Act of each State and Territory. While these Acts are very similar, we recommend you refer to the Partnership Act of your State/Territory and understand the provisions.
The Law4US Partnership Agreement is a 13 page comprehensive document and covers standard terms and conditions such as:
Definitions - Formation Of The Partnership - Partnership Name - Shares And Capital - Balance Sheets And Accounts - Loans Made By Partners To The Partnership - Share In Profits And Losses - Duties of the Partners - Dissolution Of Partnership - Appointment Of A Receiver - And much more.
The Law4US Partnership Agreement has been professionally drafted by Australian lawyers and is written in plain English. It is suitable for use in ALL Australian states and territories. The document is immediately available as a MS Word document. Simply copy to your file and insert the correct information in the appropriate highlighted fields.
Law4US, on behalf of its customers, has negotiated exclusive Fixed Price Legal Advice available on all its documents. The cost of the advice is unparalleled and represents outstanding value. All advice is rendered by a registered Australian lawyer and a standard client/lawyer relationship applies.
Please refer to Fixed Price Legal Advice in the main menu for all information relating to this service. Should you wish to avail yourself of this exclusive service, please send a contact request through the website or call us and we will contact you within 24 hours.