Essential document to wind up your partnership affairs.
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.
Word
Count (approximate):
Document: 1000
words
Explanatory notes:
480
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
