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Updated almost 4 years ago on . Most recent reply

User Stats

5
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4
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Alisa Hilton
4
Votes |
5
Posts

RE Partnership Agreement Template?

Alisa Hilton
Posted

A friend and I are looking to buy a multi-family home with two units and plan to live in each unit separately. We would like to have a formal agreement written up for various considerations- ownership %, repair and maintenance costs, etc, basically how we will operate everything. 

I would like to get a template to get started and then have an attorney review it from there. Does anyone have a good template they have or can recommend? There are so many online that is hard to navigate what is the best option.

Other fun facts to consider: 

We are in CA

There is an opportunity to have an additional ADU added to the property

we are not considering forming a LLC or the like at this time

THANK YOU BP Peeps !

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