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: 1080
words
Explanatory notes:
600
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
