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Home Q&A Forum How do you draw up a Contract to ensure mutual Ownership
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Business Contracts

Franchise Agreement

New York

Asked on Apr 26, 2022

How do you draw up a Contract to ensure mutual Ownership

My partner and I own a Hospitality Company, he was offered the opportunity to Opérate a business and get 25% ownership of the franchise. We want to join this jointly and ensure ownership is split according to our partnership for our LLC. How would we go about doing this?

1 Attorney answer

Answer

Business Contracts

New York

Answered 711 days ago

Jane C.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, District of Columbia, New York
Free Consultation

I suggest that the LLC, you jointly own, join the franchise. Consult with an attorney.

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