It's a new strategy and they just want to try it.How about some spell checking 😁 

My understanding is that either one of us could then use those funds and be the sole person on a loan, although we could both be on title. 1.1) If we went this route, and had a separate 'business agreement' spelling out responsibilities, profit splits, dissolution in the future etc... is there a 'preferred format' for that?

Stop thinking that "good deals" are what spells success, or that sponsors investing money in their own deal creates an alignment of interest that prevents incompetence or dishonesty. 

But that's essentially why I have a "break lease" fee because, even if I don't lose one day of rent, I need to be made "whole"...and that includes compensation for my time.With that said, I don't feel a LL can normally charge for their "time" or a fee, unless those consequences were spelled out ahead of time. 

If you haven't met one of those milestones spelled out in your plan, then you cannot (to my knowledge) have a distribution, even a rollover.

@Jaron Walling Jaron sorry my spell check.

These are agreements between the brokerage and the sub-brokers/agents.A good IC agreement spells out clearly what is allowed and not in the agreement.There are various levels to this.

The bank may reject your offer with that contingency spelled out.

They used to pronounce their name by spelling out the letters; but recently, they have changed to a phonetic pronunciation, and I think they even use lowercase letters sometimes for part of the name, as in Esri.Originally posted by Armando C.:...

I guess spelling and grammar skills aren't a job requirement.