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Updated over 11 years ago,
Partnership Contracts and Operating Agreemens
Hello,
I'm in Austin, TX and contemplating a flip partnership. My potential partners own the property upon which we intend to tear down and rebuild. I'm seeking some sample partnership agreements and/or operating agreements that would both clearly define our rolls and provide protection to each person. I am bringing cash and opinions to the table. They are brining the land and some construction bids to the table.
I worry less about agreeing on marble v. granite but protecting our individual interest from things like future liens etc.