Texas Partnership Agreement – Short Form
A partnership agreement is a document that formalizes the partnership of two or more people (not a husband and wife) in their ownership of a for-profit business. This is the Partnership Agreement Short Form. If you would like additional specificity and flexibility in termination of the partnership, buyout of a partner and other subjects, you may want to use our Partnership Agreement Long Form which is also available on this site. Among others, this form includes the following key provisions:
- Name of Business: Identifies the Name of the business
- Principal Place of Business: Identifies the principal place of business, this identifies the residence of the business for legal purposes
- Term: Clarifies the term of the agreement
- Capital Contribution: Identifies the amount of capital to be contributed
- Profits and Losses: Describes how profits and losses will be shared among the partners
- Management: Clarifies the management of the partnership
This attorney-prepared packet contains:
- Instructions and Checklist for the Partnership Agreement;
- Information about the Partnership Agreement; and
- Partnership Agreement (Short Form)
State Law Compliance: This form complies with the laws of Texas
You can purchase this Texas Partnership Agreement – Short Form for $12.99.
Click here to order or get more information.
Tags: Partnership Agreement - Short Form, Texas Partnership Agreement - Short Form