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PARTNERSHIP AGREEMENT
Fee: $499

The We The People Partnership Agreement may be used to document the terms of a simple agreement between partners in a business.

* The fees above do not include filing, recording, or courier service fees.

 

MORE ABOUT PARTNERSHIP AGREEMENT

The We The People Partnership Agreement may be used to document the terms of a simple agreement between partners in a business.

Any two individuals or businesses can enter into a Partnership Agreement. They can do this with a handshake or a verbal agreement. A Partnership Agreement describes the terms, conditions, and profit/loss distributions of a partnership.

A partnership is the simplest business entity to form, and does not have to operate in a formal manner. However, the partners are personally responsible for the partnerships’ debts. So, to protect their personal assets, many people choose to form corporations or LLCs instead of a partnership.

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