A real estate investment partnership contract is a kind of a contract which is formed between two or more than two real estate companies which get together to become investment partners for a fixed period of time. These contracts are legally binding in nature for the involved parties which means that none of the parties can violate the terms mentioned in the contract. A real estate investment partnership contract is generally formed to seal the terms on which the parties shall carry out investment deals together. The following is a sample of the same.
Sample Real Estate Investment Partnership Contract
This real estate investment partnership contract has been formed by and between PARTY 1 and PARTY 2 as on 15th July 2012.
This contract shall remain effective for a period of 12 months
The details of involved parties have been given in the following lines:
Party 1 Details:
Name of the company: Paul Property developers and builders
Name of representative: Paul Newman
Contact number: 4774893489
Official address: 2-U, second floor, Jack tower, London
Party 2 Details:
Name of the company: Tim Black Construction works
Name of representative: Tim Black
Contact number: 4989474904
Official address: 12-j, Fred’s corporate tower, London
Details of Investment Partnership:
The parties shall be investment partners in the ratio 1:1 for the effective period of the contract.
Terms and Conditions:
- By the means of this contract, PARTY 1 and PARTY 2 shall now make investment decisions together and would be 1:1 partners of profits and losses which are incurred through the investments.
- PARTY 1 shall be handling the finances in this contract while PARTY 2 shall be handling the investment opportunities.
- This contract makes it obligatory for both the parties to abide by the terms mentioned as violation shall lead to legal actions.
Signatures of the Parties: